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ESG & sustainabilityOctober 20 2022

A charged market for EV infrastructure investment?

Electric vehicle charging infrastructure will require huge investment over the coming decades, but powering up this asset class will be far more complex than flicking a switch. Marie Kemplay reports.
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A charged market for EV infrastructure investment?Image: Getty Images

The days of the internal combustion engine are numbered, it seems, as a growing number of jurisdictions introduce measures to phase them out. The EU, for instance, has voted to ban new petrol and diesel powered car and van sales from 2035, similar targets are also in place in multiple other countries, including Canada, China and the UK (although there are variations with some continuing to allow hybrid vehicles after this date).

And in August, California became the first US state to commit to phasing out internal combustion engine vehicle sales by 2035 — a move that will likely be followed by multiple other states that typically fall in line with Californian auto emissions standards.

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