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The largest EV charging network in Europe is launched by a group of EV charging companies.

The largest EV charging network in Europe is launched by a group of EV charging companies.

Four of Europe's largest electric vehicle charging companies announced on Wednesday that they are teaming up to build the largest public charging networks on the continent.

Spark, a new alliance between Atlante in Italy, Ionity in Germany, Fastned from the Netherlands, and Electra of France, will be formed to share their networks.

There will be 11,000 charging points, and 1,700 charging stations in 25 European countries.

Customers in Europe can now access ultra-fast charging of up to 400 kW through the Spark Alliance app.

The European Auto Lobby ACEA is pushing for a quicker roll-out of charging infrastructure in order to reassure consumers who are worried about driving distances and increase demand for EVs.

The announcement comes as demand for EVs is declining and the EU's emission regulations are being relaxed.

According to the European Commission 3.5 million charging stations will be needed by 2030. To reach this target, it would take around 410,000 public chargers per year (or almost 8,000 per week) to install the same number of charging points as currently installed.

Fastned CEO, Michiel Langezaal, said in an interview that "we benefit as a sector from the predictability provided by the European Commission". (Additional reporting and editing by Gilles Guillaume)

(source: Reuters)