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EV revolution gets major boost as Europe mandates more charging stations and open-loop payments; Switchio is ready

October 11, 2023

New rules put EV charging on track to match convenience of petrol stations

Part of the EU’s Fit for 55 in 2030 package, which aims to slash greenhouse gas emissions by 55% by 2030, the new rules will greatly diminish or even eliminate two of the most frustrating obstacles EV drivers encounter as they seek greater freedom in e-mobility: range anxiety and closed-loop charging payments.

The two problems go hand in hand. Range anxiety not only arises from large distances between charging stations but also from a lack of universal payment options. After all, what good is a charging station if you can’t pay to use it when you get there?

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