Fastned introduces fast-charging for only 19 cents per kWh

Amsterdam, 22 July 2016. With the introduction of the new Power subscription EV drivers can fast-charge their car at Fastned for the same price as they charge at home. With this move Fastned also makes driving electric financially attractive for the 75% of the households in the Netherlands without a private driveway where they can charge. By doing so Fastned is making electric driving accessible to all.

Co-founder Michiel Langezaal: “People with an electric car and a private driveway can charge at home for 19 cents per kWh. People without a driveway often rely on slow public charging poles. Fastned wants all electric drivers to have access to fast and affordable charging infrastructure. With the introduction of the Power subscription, we are bringing the future one step closer by making driving electric accessible to everybody. It is one more step to accelerate the transition to electric mobility.”

With the Fastned Power subscription electric drivers can fast-charge at all - currently 51 - Fastned stations in the Netherlands for just 19 cents per kWh. This fee is based on a monthly subscription fee of 24 euro per month. Fastned does not charge a starting fee per session, a charge-card fee, nor any other other hidden fees.

The monthly cost of 24 euros is quite similar to the cost of private wallbox at home. In The Netherlands, a wallbox including installation usually sets you back around 1.500 euro. On top of this in most cases a monthly subscription fee of around 5 euro is charged by the supplier. Additionaly you will have to cover maintenance and repairs. All combined the investment of a private wallbox will probably cover your Fastned Power subscription for more than six years.

Drivers can activate their subscription via Fastned website www.fastned.nl/en. The subscription can be terminated or modified at any moment.

Note for the editor (not for publication):

For more information go to www.fastned.nl. In the presskit you will find logo’s, pictures and graphics. See the newsroom for news articles about Fastned.

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About Fastned.EN

Fastned is building a European network of fast-charging stations where all electric cars can charge. The stations are located at high traffic locations along the highways and in cities, where electric cars can charge within 20 minutes. This will provide freedom for electric cars to drive across Europe. As of today, Fastned has 63 stations operational in The Netherlands and is working on expanding its fast charging network to the rest of Europe. Fastned is preparing the construction of fast charging stations in Germany, The United Kingdom and Belgium. Fastned is listed on the Nxchange stock exchange.

Fastned is rolling out its network of fast charging stations in response to the rapidly increasing numbers of EVs in Europe. Car manufacturers such as Tesla, Audi, Volvo, Aston Martin, BMW, Nissan, Mitsubishi, Porsche, Volkswagen, Mercedes, Ford, General Motors, Renault and other car manufacturers are investing billions of Euros in the development of, and production capacity for EVs. More and more EVs are hitting the roads, which drives the need for charging infrastructure. Fastned is responding to this development by building the service stations of the future. Co-founder and CEO Michiel Langezaal: “We are the Shell of the future, only our energy comes from the sun and the wind.”

For more information go to www.fastnedcharging.com.