The injection will be made across a five-year period to grow its position in the electric market

It now boasts 400k chargers across 27 countries

China could have a 15% stake in the European EV market by 2025, a report claims

Its boss has brought this target forward by two years

German climate campaigners pulled a stunt at VW’s Wolfsburg factory and then asked for food and a toilet

The charger is matched directly with the EV’s real-time electricity consumption and enables drivers to dictate the date and time of charging and the desired level of charge

They have joined forces with a company set up by Tesla’s Co-Founder JB Straubel

This follows its pledge of investing $20bn in EVs by 2030

It expects the new EVs to be produced from 2026 onwards

They are looking to install 8,000 charge points on the continent by the end of 2024