EIB invests €50 million in Wenea to deploy over 470 charging stations for electric vehicles in Spain ...Middle East

european union - Economy
source : european union ( Middle East ) () 27
The fast and ultra-fast charging stations will be located along Spanish motorways, including those of the Trans-European Transport Network (TEN-T). The EIB financing of €50 million will enable the company to carry out an investment of around €100 million to increase long distance mobility in Spain. The project will contribute to reducing CO2 emissions by 31 000 tonnes a year. The project is financed under the Future Mobility product, backed by the Connecting Europe Facility (CEF) and the NER300 Programme of the European Commission.

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