Fastned starts expansion to London

Signs framework agreement with Transport for London to realise rapid charging stations in the Greater London Area

Amsterdam, 26 April 2017. Fastned, that is building a European network of fast charging stations, has signed a framework agreement with Transport for London to realise rapid charging stations in the Greater London Area. Transport for London (TfL) is the integrated transport authority for London and has set a goal to realise 300 rapid charging points before 2020. In the coming three years TfL plans to issue locations throughout London. To ensure the quality of the charging network, TfL has run an extensive public tender procedure to select parties to realise this charging infrastructure.

Fastned is a charging company that already has 61 stations operational in The Netherlands. The ambition of Fastned is to realise a Pan-European rapid charging network that gives electric vehicle drivers the freedom to drive anywhere. After the recent announcement of Fastned’s expansion to Germany, this is an important next step towards European coverage.

The City of London has set ambitious targets to significantly reduce air pollution and vastly increase the number of electric vehicles on its roads. This ambition requires the realisation of high quality rapid charging infrastructure. To this end, TfL initiated a tender procedure in 2016 to select parties that are capable of being a concessionaire. By 2020 the goal is to have 300 rapid charging points operational in the Greater London Area. For this TfL will issue long term land leases to concessionaires who will realise and operate these charging points. The first locations are expected to be allocated to concessionaires in the summer of 2017 after which realisation commences.

Michiel Langezaal, Founder and CEO. "We are very happy that TfL is making locations available for charging infrastructure through a public tender procedure. This enables Fastned to build the infrastructure required to give freedom to electric vehicle drivers and allows Fastned to live up to its mission to accelerate the advent of the electric car.”

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Note for the editor (not for publication):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.

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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.