EIB Funds 2,200 New EV Chargers in Greece & Cyprus—Europe’s Build-Out Accelerates

EIB backs 2,200 public chargers in Greece/Cyprus via €17.5m venture debt—signaling continued European EV infrastructure growth.

The headline

The European Investment Bank approved €17.5m to expand an EV charging network (c. 2,200 chargers) in Greece and Cyprus, backed by InvestEU. European Investment Bank

Why it matters

• Europe needs 3 million new public chargers by 2030; momentum is building. Rabobank

• More public infrastructure complements home charging—the cheapest, most convenient option.

Optifuel view

Install a 7kW home charger and use off-peak tariffs; integrate with solar for “drive on sunlight.”