Allego Results Presentation Deck
State of the Market
Electrification of Mobility in Europe and its Growth Trajectory
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In Q3 2023, the market share of battery
electric vehicles in the EU continued to
outperform the previous year.
Following the adoption of the alternative
fuel infrastructure regulation (AFIR), from
2025 onward, fast charging stations of at
least 150kW must be installed every 60 km
along the EU's main transport corridors.
European regulations continue to tighten,
with 8 countries banning internal
combustion engine (ICE) vehicles sales by
2030 and the EU banning ICE vehicles sales
by 2035 supporting solid growth
fundamentals
Source. The European Automobile Manufacturers' Association (EAMA)
Based on EAMA data from July, August, and September 2023.
1.
9.8%
Share of EVs in Total EU Car Market for Q3
13.6%
July
High urbanization rate
11.6%
Scarcity of in-home
parking in dense cities
20.0%
August
2022
2023
14.1% 14.8%
European market characteristics facilitate demand for public fast charging
September
Significant interurban traffic
Carbon credits enabling
faster roll-out of EV
charging infrastructure
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