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Electric car drivers cut running costs by up to 80% as Spain’s biggest EV charging network hits a new high

Electric car owners across Spain are on track for a record year, with Iberdrola’s charging network aiming to deliver enough […]

Electric car drivers cut running costs by up to 80% as Spain’s biggest EV charging network hits a new high

Electric vehicle owners in Spain are set to save up to 80% on running costs as the country's largest EV charging network prepares to provide enough power for vehicles to travel 500 million kilometers in 2026. The network, operated jointly by Iberdrola and bp pulse, now includes 12,000 operational charging points across the nation, following the addition of 2,000 points in the past year and over 4,300 in the last two years.

Forecasts indicate 4.1 million charging sessions for this year, a 60% increase from 2025 and 2024. Home charging allows drivers to cover 100 kilometers for around one euro, compared to over 12 euros for a petrol car, resulting in energy cost savings of over 90%. Even without home charging, users can save more than 50% on low-power points and over 20% on high-power ones.

A 400-kilometer trip beginning with a full battery charged at home costs around 11 euros in an electric vehicle, compared to 51 euros for a petrol equivalent, representing an 80% saving. Motorists without home charging can still expect savings above 30% on the same route. With nearly 950,000 electric vehicles currently on Spanish roads, representing 21.1% of new light vehicle registrations, and almost one in three cars purchased privately in August being electric, the network's impact is significant.

Nearly 600,000 app users and an estimated 350,000 people charging regularly rely on this network, making the switch to electric vehicles easier and more affordable.

Written by urgent.news from Euro Weekly News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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