Fastned shows rapid growth in fast-charging market
340% revenue growth and 374% volume growth in the fourth quarter of 2015
Amsterdam, 18 January 2016. The revenue of Fastned, which builds a European network of fast charging stations, has increased in the last quarter of 2015 over 340% compared to the fourth quarter of 2014. The volume of kWh delivered increased with 374%. The growth shows that there is a growing need for fast-charging at prime stations along the highway. Last year the number of full electric cars in The Netherlands increased with 37%.
Fastned is growing because customers charge more kWhs, and the number of Fastned stations has increased in 2015. In the fourth quarter the volume grew faster than the revenue, because of a last year introduced offer whereby customers can experience fast charging at Fastned for free during the first month.
Currently Fastned has 50 stations operational. 11 stations were realized in the fourth quarter of 2015. The stations have an uptime of over 99,99%
In addition to the stations along the highway Fastned is working hard to expand its network to cities. In November last year Fastned signed an agreement with the municipality of The Hague to build five fast charging stations. Fastned is also working on a European network of fast charging stations.
Note for the editor (not for publication):
If you have any questions and/or would like to interview one of Fastned’s founders, Bart Lubbers or Michiel Langezaal, please contact Kyra Hartlief.
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Fastned is a charging company that is building a European network of fast charging stations where fully electric vehicles can charge as fast as possible. The stations are located at high traffic locations along highways and in cities, where electric cars charge in an average of about 20 minutes. This will give drivers of fully electric vehicles the freedom to drive across Europe. As of today, Fastned has more than 105 stations operational in the Netherlands, Germany and the United Kingdom, and is working on expanding its fast charging network to the rest of Europe. Fastned is currently simultaneously building fast charging stations in the Netherlands, Germany and the United Kingdom, and preparing for building its first stations in other countries, with a focus on Belgium, Switzerland and France. More information: fastnedcharging.com.