Europe invested 200 billion euros in electric cars - 109 billion euros were committed to the battery supply chain
European Economic Area countries and Switzerland have committed almost 200 billion euros in investment into their electric vehicle ecosystem, data from New Automotive showed. The investment was largely focused on the battery supply chain, with 109 billion euros committed so far, as the continent tries to challenge a Chinese monopoly in battery production.
China produced more than 80% of all batteries in 2025, including those used outside the electric vehicle sector.
“Europe now produces batteries for approximately one in three electric vehicles sold domestically, and the announced capacity could meet future demand if fully utilized,” New Automotive said.
Around 60 billion euros were invested in electric vehicle production, focused on converting old factories along with selective new facilities for electric vehicles only, the research body said. Investments in charging infrastructure covered a value of 23 to 46 billion euros in public implementation, with over 1 million public charging points deployed across Europe. More than 3.5 billion euros were invested in this infrastructure. These investments support more than 150,000 jobs, with 300,000 more expected if all announced projects are fully implemented.
However, the New Automotive report showed a disparity at the national level, with leading carmaker Germany accounting for almost a quarter of the region’s investment. The European Commission unveiled a plan in December to lift the ban on new internal combustion engine cars from 2035, following pressure from the region’s auto industry, marking the bloc’s biggest retreat from its green policies in recent years.
Germany, Italy and Central and Eastern Europe have officially opposed the EU framework for cars and vans until 2035, while more than half of the investments pursued are concentrated in these regions. France and Spain stand out as other major beneficiaries of the investments.
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