• EEA members and Switzerland have invested nearly 200 billion euros in the electric vehicle sector, with 109 billion in the battery supply chain.
  • China’s share of global battery production is 80 percent, while Europe now produces batteries for about a third of EVs sold domestically.
  • About 60 billion euros were invested in EV production, and between 23 and 46 billion in charging infrastructure, with over a million public charging points.
  • Investments support over 150,000 jobs, with an expected additional 300,000 if all announced projects are fully realized.
  • Nearly a quarter of total investments are in Germany, with France and Spain also significant beneficiaries.
  • The European Commission abandoned the plan to ban new internal combustion engine cars by 2035 under pressure from the automotive sector.

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