inCharge: Q2-26: Stronger BEV demand positive for chargers

Research evidence excerpt

inCharge: Q2-26: Stronger BEV demand positive for chargers

Deutsche Bank

Research

Europe Industry Date

23 July 2026

Autos inCharge

Auto Parts Industry Update

Q2-26: Stronger BEV demand positive

for chargers

Nikita Papaccio

Further elevated charging demand expected Research Analyst

The European EV market is showing substantial shifts in both adoption rates and +49-69-910-48637

charging demand patterns. Recent analysis indicates a strengthening of charging

Tim Rokossa

demand that does not seem to follow typical seasonality. This initial surge suggests Head of European Equity Research

a higher utilization of the existing BEV fleet, potentially influenced by external +49-69-910-31998

factors like elevated oil prices. At the same time, new BEV registrations in key

Christoph Laskawi

European markets are now showing significant upward momentum, outpacing the

Research Analyst

general automotive sector. These trends collectively point towards sustained

+49-69-910-31924

growth in overall charging demand, creating a favorable environment for charging

point operators and the broader EV infrastructure supply chain. We anticipate Nicolai Kempf

further clarity and detailed insights from upcoming financial disclosures by Fastned Research Analyst

+49-162-5168792

and Alfen in August.

Mira Wiegratz

Research Associate

Developments in EU charging infrastructure: Build rate down y/y

+49-69-9103-1733

By the end of Q2, the EU had 1,170k public charging points, up 18% y/y and 4%

sequentially. The quarterly build rate came in slightly lower than the five year

average at 45k units, down 20% y/y and 20k lower than in Q1. Assuming the average

build rate of the past years leads us to a charging network of 1,267k by the end of

2026.