Apcoa aims to build 100,000 charging stations by 2035

Parking company Apcoa has announced plans to build 100,000 charging stations for electric cars by 2035 – aiming to become a leader in the relevant market.

Leading parking operator

In Europe, Apcoa is one of the leading parking operators. The company now wants to use this market position to tap into another source of revenue by installing charging stations. It plans to install a total of 100,000 charging columns in its parking garages and parking lots. The project is to be completed by 2035. Today, the company has around 2,500 charging stations in thirteen countries.

The planned charging stations are to be limited to a capacity of eleven to 22 kilowatts. However, this is to be supplemented by fast-charging columns to be installed by third parties in parking areas managed by Apcoa. Plans call for 1,000 such columns.

Revenue potential and legal requirements

Apcoa CEO Philippe Op de Beeck sees the installation of charging columns as another financial mainstay: “For us as operators, we see significant additional revenue potential in upgrading our parking lots with e-charging stations and other urban services.” Added to this is the fact that more and more countries are stipulating a minimum level of charging infrastructure for public parking areas. Against this background, Apcoa’s move can also be seen as an adjustment to a foreseeable legal development.

Federal Transport Minister Volker Wissing only recently pointed out that the lack of charging options for electric cars in public spaces is a major braking factor with regard to the energy transition. The federal government is therefore also faced with the question of how the expansion of the corresponding infrastructure can be promoted, and is likely to be quite pleased with corresponding advances from parking companies.