Thursday, January 20, 2022

Repsol expands its EV charging network in Spain & Portugal

Spanish oil company Repsol has announced an investment of 42.5 million euros ( ~50m USD) in the installation of 610 fast-charging points at its petrol stations in Spain and Portugal. The Spanish credit institution ICO will support the roll-out with 40.7 million euros in subsidies.

By the end of 2023, a total of 592 charging points are planned at 577 Repsol filling stations in Spain and 33 in Portugal. The charging network is to extend along the Mediterranean and Atlantic corridors and will exclusively supply electricity from 100 per cent renewable energies.

According to Repsol, it currently operates 350 charging points. This includes 70 fast-charging stations on the Iberian Peninsula. Most of these charging points are at existing petrol stations.

By the end of 2022, their number is expected to increase to 1,000. “One every 50 kilometers on the main road corridors in the Iberian Peninsula,” the Group specifies, which has set itself the goal of climate neutrality by 2050.

An Repsol EV Charging Station in Spain

The Repsol Group has 3,400 petrol stations and 400 natural gas dispensers in Spain alone.

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Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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