Fastned shows 14% monthly growth in 2015
Fast-charging company publishes Annual Report 2015
Amsterdam, 10 March 2016.
- 50 stations operational compared to 19 in 2014
- 14% month-on-month sales growth
- 229% growth in number of active customers
- 244% volume growth compared to the previous year
- Over 20 million Euro capital raised
- 'Industry-first’ network uptime of 99.99%
CEO Michiel Langezaal: "Fastned has developed strongly, both in terms of network as well as sales, systems and partnerships. Revenues of 75 889 euro is still small but we saw sales grow last year by more than 700%. Nearly all car manufacturers have announced new electric models with a bigger range, the first models will be introduced on the market later this year. As a result, our outlook is very positive. Fastned has secured financing for its operational costs until the end of 2018. This covers the period until a serious charge market for electric cars has emerged and a considerable number of stations is profitable. With the current network of 50 stations, we have created a solid foundation for further growth. At the moment we are working on expansion into urban locations and the rest of Europe. To finance this growth we will issue new certificates of shares very soon again.”
Note for the editor (not for publication):
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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.