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.”
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Fastned is building a European network of fast-charging stations where all electric cars can charge within 20 minutes. The stations are located at high traffic locations along the highways and in cities. This will give electric cars the freedom to drive across Europe. As of today, Fastned has 69 stations (including two 350kW 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 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.