Algo Drops 0.52% as Allego Launches App to Streamline EV Charging

Generated by AI AgentCryptoPulse AlertReviewed byAInvest News Editorial Team
Monday, Dec 8, 2025 7:38 pm ET1min read
Aime RobotAime Summary

- Algo (ALGO) fell 0.52% in 24 hours to $0.1335, with a 60.3% YTD decline, coinciding with Allego's new EV charging app launch.

- Allego's app offers real-time pricing, smart routing, and Plug&Charge features to simplify European EV charging across 35,000+ stations.

- The app eliminates partner network markups and provides transparent billing, targeting user frustrations with fragmented charging experiences.

- As Europe's EV market grows, Allego positions itself as a key infrastructure provider through this user-centric, subscription-flexible platform.

On DEC 8 2025, ALGO dropped by 0.52% within 24 hours to reach $0.1335, marking a 7.52% decline over seven days and a 2.78% drop in the past month. Year-to-date, the token has fallen by 60.3%. The price movement aligns with a new development from Allego, the European EV charging network, which officially launched its new mobile app on the same day.

Allego App Aims to Improve EV Charging Transparency

Allego, a leading European EV charging infrastructure provider, launched its newly designed

EV charging points—spanning both AC and DC networks—the app aims to address common frustrations such as unpredictable costs and the need to juggle multiple apps. Drivers can now initiate charging sessions, view session details in real time, and receive post-session invoices with clarity and speed.

The company emphasized that the app eliminates additional markups when using partner networks, ensuring that pricing is transparent and competitive across the board.

Enhanced User Experience and Network Benefits

Key features of the Allego App include:

  • Real-time pricing and availability: Users can check cost estimates and availability of charging points before initiating a session.
  • Smart routing: The app suggests optimal charging locations based on the user’s route and destination.
  • Plug&Charge support: Where available, users can initiate sessions with minimal interaction.
  • Flexible subscription options: The app offers tailored charging plans for frequent or occasional users.

For drivers who choose to charge on the Allego network, additional benefits are available, including in-app discounts, value-based subscriptions, and consistent user experiences across both AC and DC chargers.

Designed Around Driver Needs

The Allego App was developed with direct input from EV drivers and is built to simplify the entire charging experience—from trip planning to session completion. The platform integrates navigation, charging, and billing into a seamless interface, with the goal of making EV travel more intuitive and predictable.

According to Steven Salo, Executive Director at Allego, the app delivers a “clearer, more intuitive charging experience” that supports both daily commuting and long-distance travel.

About Allego

Founded in 2013, Allego operates more than 35,000 public EV charging points across 16 European countries. As an independent operator, the company focuses on expanding accessible, transparent, and sustainable EV charging infrastructure throughout the continent.

The launch of the Allego App comes at a pivotal moment as the European EV market continues to grow, and the demand for user-friendly, transparent charging solutions rises. With the new app now live, Allego is positioning itself as a key player in the transition to cleaner transportation.

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