EU Slashes EV Targets Could Add 150 Power Plants

A Fraunhofer ISI study finds that weakening EU EV targets by 49 million fewer EVs by 2040 would require building 150 equivalent power plants. Fewer EVs reduce vehicle-to-grid storage, leading to 37% less solar PV installed at -51 GW between 2025 and 2040. The study shows reduced grid flexibility harms renewable energy integration and increases grid balancing costs.