LONDON—Governments and utilities need ambitious plans to cut red tape to install vehicle chargers if Europe is to be ready for 130 million electric vehicles (EVs) by 2035, a new report from EY and Eurelectric said on Tuesday. According to “Power sector accelerating e-mobility,” by the professional services group and Europe’s utilities trade body, Europe will need 65 million EV chargers—9 million public and 56 million residential—to handle the huge growth anticipated in EVs from the 3.3 million on Europe’s roads today. One in 11 new cars sold in the European Union in 2021 was fully electric, a jump of 63 percent versus 2020. Europe currently has 374,000 public chargers, two thirds of which are concentrated in just five countries—the Netherlands, France, Italy, Germany and the United Kingdom—while some European countries do not have a single charger per 100 km (62 miles) of road, and this “polarisation between economies risks …