FRANKFURT—As part of its economic recovery plan, Germany will mandate that all gas stations offer electric vehicle charging ports, Reuters reports. The country wants to drive demand for EVs by removing refueling concerns. Germany’s announcement comes after French President Emmanuel Macron revealed his country’s plan to increase EV sales.
Diego Biasi, chairman and co-founder of Quercus Real Assets, indicated the German move would significantly boost EV adoption in that country. Currently, EVs only account for 1.8% of all new passenger vehicle registrations in 2019.
“We know that 97% of the reason why they’re not buying electric cars is range anxiety. The German move is a way to try and fix this range anxiety since it means you know a petrol station is always open,” Biasi said.
EV proponents point out that plans such as Germany’s are essential to accelerating EV adoption in the United States as well. Electric-car range anxiety is one of the major reasons Americans aren’t buying such vehicles, Bloomberg reports.
Currently, America has miles of road without charging stations, including all of North Dakota, and most of West Virginia, Wyoming and Mississippi, along with western Kansas, Montana, Nebraska and Alabama with few stations.
“It is the classic chicken-and-egg problem,” said Brian Collie, senior partner at Boston Consulting Group, of the need for EV charging stations before enough electric vehicles are on the road. “And this is something that is not going to be solved in the next year or two. It’s going to take a decade-plus to get what we really need.”
NACS, NATSO, the National League of Cities, Society of Independent Gasoline Marketers of America, the National Restaurant Association, National Federation of the Blind, National Retail Federation and Asian American Hotel Owners Association last week asked U.S. lawmakers to help promote private sector investment in America’s EV charging infrastructure.