Allego NV

Allego NV engages in the provision of charging solutions for electric cars, motors, buses, and trucks, for consumers, businesses, and cities. It offers a range of EV-related services including site design and technical layout, authorization and billing, and operations and maintenance to customers, such as fleets and corporations, charging hosts, original equipment manufacturers, and municipalities. The company was founded on June 3, 2021 and is headquartered in Arnhem, the Netherlands.

Earnings data Q4 2023

Allego reports robust 2022 performance and optimistic outlook for 2023

Allego's strong performance in 2022, backed by strategic initiatives and a positive outlook for 2023, positions the company well in the electric vehicle charging market. While challenges exist in managing growth and navigating market dynamics, Allego is poised to capitalize on the opportunities presented by the shift towards electric vehicles in Europe.

ALLG reports robust revenue growth and strategic collaborations for expansion

ALLG's H1 2023 performance reflects strong revenue growth driven by charging operations, improved operational EBITDA, and a substantial reduction in net loss. The company's strategic collaborations and agreements position it for further expansion and revenue opportunities. However, challenges persist in achieving profitability and addressing declining sales and services revenue.

ALLG reports robust Q3 performance, eyes European EV market expansion

ALLG's Q3 2023 performance showcased strong revenue growth and increasing utilization rates for charging services. While facing challenges in service revenue and pricing dynamics, the company remains optimistic about future opportunities in the European EV market and network expansion.

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ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that it has received written notice dated March 14, 2024 from the New York Stock Exchange (“NYSE”) indicating that the Company is not in compliance with Section 802.01C of the NYSE's continued listing standards because the average closing price of Allego's ordinary shares was less than US$1.00 over a cons.

Allego Announces Receipt of NYSE Notice of Non-Compliance With Continued Listing Standards

Beam Global

EVgo

Investors may want to consider buying some of the top EV charging stocks for the long haul. For one, if the U.S. is serious about electric vehicle adoption, the EV charging market must grow nearly tenfold.

Wall Street Favorites: 3 EV Charging Stocks With Strong Buy Ratings for April 2024

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced it will postpone its fourth quarter and full year 2023 financial results conference call and confirms that it will provide that information in connection with the filing of its Form 20-F on or prior to the April 30, 2024 deadline. Allego had previously announced it would report its financial results befor.

Allego to Postpone Fourth Quarter and Full Year 2023 Financial Results Conference Call

The growing demand for EVs worldwide has also called for a significant investment in infrastructure improvements. More chargers, stations and battery technology are readily available to the public, but a gap still needs to be filled.

The 3 Best EV Charging Stocks to Buy in April 2024

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced it will release the Company's fourth quarter and full year 2023 results on Tuesday, April 2, 2024, followed by a conference call at 8:30 AM ET. Participants may access the call at 1-877-407-9716, international callers may use 1-201-493-6779 and request to join the Allego earnings call. A live webcast will.

Allego Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

Ford Motor Company

COLOGNE, Germany & ARNHEM, Netherlands--(BUSINESS WIRE)--Ford (NYSE: F) and Allego N.V. (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced a strategic partnership to bring ultra-fast charging infrastructure to hundreds of Ford dealerships across Europe. The new collaboration will further expand convenient and reliable charging solutions for customers of Ford electric vehicles (EVs) including the new electric Explorer¹, as the Ameri.

Ford and Allego Partner to Electrify European Dealership Network with Ultra-Fast Charging

Ford and fast electric vehicle charging network Allego said on Tuesday they would roll out ultra-fast chargers for Ford customers and public use across many of the U.S. automaker's European dealerships as part of a new partnership.

Ford, Allego team up for fast EV charging at dealers across Europe

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, and Burger King France, today announced the establishment of a long-term partnership to proliferate electric vehicle (EV) charging in France through the rollout of ultra-fast chargers across Burger King France drive-through and dine-in locations that are not in co-ownership. Following Burger King France's call for tender.

Allego Enters Into Partnership with Burger King France to Enable Its Restaurants to Provide Ultra-Fast Charging, Reinforcing Allego's Leading Position in France

BYD Co Ltd

ON Semiconductor

The electric vehicle (EV) market is likely headed toward a slump in 2024. Interest rates remain elevated, and the Federal Reserve does not want to be hasty about cutting them either.

3 EV Stocks That Could Be Multibaggers in the Making: February 2024 Edition

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced its Chief Financial Officer, Ton Louwers, is leaving the Company effective June 30, 2024. Following Allego's public listing in March of 2022, Mr. Louwers is transitioning away from the Company to pursue new opportunities. Allego has initiated an external search for a new Chief Financial Officer. Mathieu B.

Allego Announces Chief Financial Officer Transition

BYD Company Limited

Li Auto Inc.

The electric vehicle (EV) market may be heading toward a general slump, but that does not mean the companies providing the charging infrastructure for EV will not make great investments in January 2024. The electric vehicle charging market happens to be one of the fastest-growing segments in the transportation sector.

Wall Street Favorites: 3 EV Charging Stocks with Strong Buy Ratings in January 2024

Global X Autonomous & Electric Vehicles ETF

Tesla

The electric vehicle charging market is booming. According to Statista, the novel market will reach more than $8 billion in annual revenue by 2027.

3 EV Charging Stocks to Turn $500 into $1 million: January 2024

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that the Company's management team will be presenting virtually at the 26th Annual Needham Growth Conference on Friday, January 19, 2024 at 8:45 a.m. EST, as well as host investor meetings on the same day. The fireside chat will be webcast live and will also be available for replay on Allego's investor re.

Allego to Present at the 26th Annual Needham Growth Conference

The electric vehicle (EV) charging market happens to be one of the fastest-growing segments in the transportation sector. The increasing adoption of EVs, supportive government policies, and technological advances all drive the transformation of the space.

3 Stocks Transforming the Electric Vehicle Charging Landscape

ChargePoint Holdings

Direxion Daily Electric & Autonomous Vehicles Bull 2X Shares

KraneShares Electric Vehicles & Future Mobility Index ETF

In 2023, electric vehicle (EV) sales are expected to make up about 9% of auto sales, according to Atlas Public Policy, as noted by the Associated Press. That's up from 7.3% in 2022.

If You Can Only Buy One EV Charging Stock in December, It Better Be One of These 7 Names

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, is pleased to announce the results from its high-power commercial charging station pilot program for electric trucks and light duty vehicles. Equipped with two 300 kW ultra-fast charging points, the site has already achieved an impressive utilization rate of 22% in five weeks. This initiative, in collaboration with Sogar.

Allego Announces Successful Pilot Program for High-Powered Truck Charging; Initial 2024 Network Roll-out Planned

Allego N.V. (NYSE:ALLG ) Q3 2023 Earnings Conference Call November 14, 2023 8:00 AM ET Company Participants Rachel Richardson - Director, Investor Relations and Corporate Communications Mathieu Bonnet - Chief Executive Officer Ton Louwers - Chief Financial Officer Conference Call Participants Matt Summerville - D.A.

Allego N.V. (ALLG) Q3 2023 Earnings Call Transcript

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced its results and key performance metrics for the third quarter of 2023. Third quarter 2023 Ended September 30, 2023 Highlights Revenue climbed 28.2% to €28.6 million from €22.3 million in the same period of 2022. Charging revenue increased 53% to €22.0 million compared to €14.4 million for the three months.

Allego Reports Third Quarter 2023 Results; Steady Growth in Line With Projections for Year

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced it will release the Company's third quarter 2023 results on Tuesday, November 14, 2023, followed by a conference call at 8:00 AM ET. Participants may access the call at 1-844-826-3033 , international callers may use 1-412-317-5185 and request to join the Allego earnings call. A live webcast will also be a.

Allego Schedules Conference Call to Discuss Third Quarter 2023 Financial Results

Blink Charging

If global governments want millions of electric vehicles on the roads, EV charging stations are a necessity. As I noted on Sept.

EV Charging: Big Opportunities for These 7 Stocks

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that it has signed two power purchase agreements (PPAs) totaling 100 gigawatt hours (GWh) of energy per year with Energy Solutions Group, the largest independent green energy producer in the Benelux region. The application of these PPAs is expected to enable Allego to stabilize its input cost base and min.

Allego Signs Two New 10-Year Power Purchase Agreements (PPAs) for 100 GWh of Energy per Year, Further Mitigating Input Cost Volatility and Advancing Sustainable Mobility

The Fed kept the interest rates unchanged and this has helped the market recover from the red. The earnings reports for several electric vehicle makers have been disappointing.

3 Best EV Charging Stocks for High Returns

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced its partnership with Go'on Gruppen A/S (“Go'on”), one of Denmark's largest fueling companies, under which Allego will install 168 fast charging ports with exclusive access to all 185 of Go'on's currently existing stations across the country. Allego views this partnership as another step in the strategic g.

Allego Partners with Fueling Company Go'on to Make Electric Charging More Accessible for Drivers in Denmark; 168 Charging Ports are Confirmed with Exclusive Access to Go'on's 185 Locations Throughout the Country

Enphase Energy

Wallbox NV

As a complement to the fast growing electric vehicle (EV) market, the EV charging market is also experiencing substantial growth. All of which should help fuel further upside for EV charging stocks.

7 EV Charging Stocks That Will Make Early Investors Rich

ARNHEM, Netherlands--(BUSINESS WIRE)--Allego N.V. (NYSE: ALLG) (“Allego” or the “Company”) today announced the completion of its previously announced exchange offer (the “Exchange Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants to purchase Ordinary Shares of the Company, nominal value € 0.12 per share (the “Ordinary Shares”), which warrants trade on the New York Stock Exchange (the “NYSE”) under the symbol “ALLG.WS” (the “Warrants”) to purchase.

News for Allego NV Stock (ALLG)