-- The European Investment Bank, working with the European Commission, has launched a joint technical advisory service to accelerate electric mobility and support climate neutrality in six Spanish cities, EIB said in a statement on Wednesday.
The initiative, delivered through the EIB's advisory arm, will support Barcelona, Madrid, Seville, Valencia, Valladolid, and Zaragoza in scaling up charging infrastructure and integrating electric vehicles into urban transport systems.
The advisory service aims to help participating cities assess investment needs for charging networks and plan phased deployment through 2030. It will also support coordination between public and private stakeholders, identify relevant European funding sources and develop contractual frameworks, including public-private partnerships, to advance sustainable mobility projects.
All six cities are part of the European Union's Climate-Neutral and Smart Cities Mission and hold the EU Mission Label. The advisory program is financed through the InvestEU Advisory Hub and was formally launched at a meeting attended by representatives of the cities, the EIB, and the Commission.
Officials said the initiative also seeks to develop models that can be replicated across Spain and other EU member states, fostering collaboration between public authorities, private investors, and technical experts. The approach is intended to accelerate investment, create scalable solutions and strengthen the role of Spanish cities in advancing sustainable urban mobility.
The advisory support is not tied to EIB financing and will focus on building a pipeline of e-mobility projects, identifying and addressing investment barriers, promoting collaboration among stakeholders and establishing metrics to measure long-term environmental impact.