Allego Investor Presentation Deck
Electrification of
European Automotive
Market is Accelerating
|||||
XEV penetration of new cars in Europe
expected to reach 39% in 2025E, ramping
up to ~80% by 2035E
In contrast, expected XEV penetration in the
U.S. is 16% in 2025E and 44% in 2030E, with
further acceleration to 62% by 2035E
European regulations continue to tighten
with seven countries banning ICE sales by
2030, supporting solid growth through
the decade
Allego>
Source: BNEF
XEV Penetration Sales Forecasts: Europe vs. U.S.
Sales XEV units ('000s)
18,000
15,000
12,000
9,000
6,000
3,000
0
2022E
# of XEV models
250
200
150
100
50
0
202
2023E
82
1Q2022
2024E
207
96
2Q2022E
XEV (EU)
39%
16%
2025E
210
2026E
99
3Q2022E
2027E
220
IXEV (U.S.)
New XEV Models Introduced: Europe vs. North America
106
4Q2022E
2028E
2029E
226
XEV penetration (EU)
114
60%
44%
2030E
2031E
226
2032E
116
2033E
226
XEV penetration (U.S.)
2034E
116
78%
62%
227
■ Europe North America
121
4Q2023E
2035E
227
100%
80%
60%
40%
20%
0%
122
1Q2024E
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