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Electric vehicle charging, an investment opportunity in Castilla-La Mancha

By 16 November, 2023 No Comments

Castilla-La Mancha, with a surface area of more than 79,000 km², is the 3rd largest autonomous community in Spain, making it a key region for the installation of charging points. Specifically, the surface area of Castilla-La Mancha represents 15.7% of the total national surface area, which is crossed by no less than 16 motorways and highways, 10 national roads as well as a large number of county roads. The total number of roads exceeds 10,000 km, of which more than 1,800 are high-capacity roads.

Source: Elaborated by the authors based on the map of the road network of Castilla-La Mancha

The region currently has a total of 575 charging points, according to the ANFAC report, 3.2% of the total number of charging points installed in Spain, which has a total of 18,128 charging points. Most of the recharging points installed do not exceed a power of 50 kW. A figure of charging points with great potential for growth if we take into account the road network deployed in the region and the target set by ANFAC, around 300,000 charging points throughout the country by 2030.

Source: Annual report of the electrified vehicle 2022 for ANFAC with data from Electromaps

According to the same report, the electrified vehicle in Castilla-La Mancha has made a very positive kick off. The share of partially or fully electrified vehicles in the region is quite high (10.6%), well above the national average (9.7%).

Sources: Ideauto, INE and ANFAC for the annual report of the electrified vehicle 2022 for ANFAC


The region of Castilla-La Mancha is a net exporter of renewable energy


One of the main concerns when installing charging points is the supply of electrical energy and its origin. The region of Castilla-La Mancha is a renewable energy source, with 9,721 MW of installed renewable power, 14% of the national total. Of this, 4,705 MW correspond to wind energy and 3,904 MW to photovoltaic energy.

Thanks to all this installed capacity, in 2022, 63% of the total electricity generated in Castilla-La Mancha had a renewable origin, an amount sufficient to cover the region’s annual consumption. This factor is highly attractive for investment projects in which the renewable origin of the energy is a determining factor.

The Spanish government has launched the PERTE VEC plan, aimed towards electric and connected vehicles. Its targets are in line with the goal of not exceeding the 1.5 °C global warming target set in the Paris Agreement in 2015, the European Union’s Green Deal Plan, which aims to achieve climate neutrality by 2050, and the PNIEC Plan, the National Integrated Energy and Climate Plan (PNIEC) 2021-2030, drawn up by the Spanish government to achieve the European goal of climate neutrality by 2050. Recharging infrastructures are eligible for the aid included in the plan PERTE VEC.

In conclusion, there are numerous advantages that make Castilla-La Mancha an ideal place to invest in vehicle charging businesses due to the lack of points on the region’s road network, lack of charging points with power ratings above 50 kW, the share of partially or fully electrified vehicles and the grants available to develop the charging infrastructure.