Upgrading Europe’s electricity grids with smarter technology could cut billions in infrastructure costs while speeding up the shift to electric vehicles, according to industry analysis. The findings highlight how modernized grid systems improve efficiency, reducing the financial burden of expansion needed to support growing demand from EVs. By optimizing energy distribution, these advancements may also help Europe meet its clean transport goals more effectively. The report underscores the economic and environmental benefits of integrating advanced grid solutions into the continent’s energy strategy.
Smarter grids can save Europe €10.6 billion in grid investment while accelerating the transition to e-mobility ACEA - European Automobile Manufacturers' Association