Calm after the storm?
Has the huge run on charging stations and home chargers for electric cars passed its peak? It is still too early for that conclusion, but the Dutch charging station seller Alfen has in any case noticed that after a very successful 2022, demand is declining.
Setbacks in the market for charging systems for electric cars bother Alfen. The Almere-based seller of charging stations and other systems for the electricity grid is therefore more gloomy about the sales figures for 2023. This is partly because large stocks of charging systems have arisen since last year that have yet to be sold. Alfen also speaks of ‘challenging market conditions’ that are causing turnover to be lower than previously expected.
The listed company now expects annual revenues between €490 million and €520 million. Expectations for this were between €540 million and €600 million. In May, Alfen already reported the first drop in turnover in its history with its first-quarter figures. According to the company, this was due to the extremely high demand for charging stations in 2022, which means that there is now less need for them. Alfen not only sells charging systems for electric cars, but also storage systems for electricity and ‘smart’ networks. Those divisions continue to grow, the company reports.
– Thanks for information from Autoweek.nl