Continued rapid growth for Fastned
Fast-charging company publishes Q1 figures 2016
Amsterdam, 6 April, 2016.
- Volume growth of 500% compared to Q1 2015
- Revenue growth of 370% compared to Q1 2015
- 21% revenue growth and 37% volume growth compared to Q4 2015
- 31% growth of the number of active customers compared to Q4 2015
- Tesla adapters installed at 40 stations (mid April at all 50 stations)
- Deal with Nissan: four years of free fast charging at Fastned with every new LEAF
Fastned CEO Michiel Langezaal: "Fastned continues to grow rapidly in terms of the number of customers, kWh delivered and revenues. On top of this we see a major shift in the perception towards electric cars around the world and in the Netherlands. End of March the Dutch Parliament adopted a motion ordering the Government to strive for 100% of new cars sold after 2025 to have zero emissions. The enormous interest in the Tesla Model 3 (already more than 280,000 pre-orders) shows that people can’t wait to drive electric. We are building the charging network that will be required to provide all these cars with the electricity they need."
Since mid-December of 2015, new customers get their first month of charging at Fastned for free. This policy is very successful and as a result volumes grew somewhat faster than revenues in the first quarter. During the second half of the quarter Fastned has installed Tesla adaptors at most of its stations, which allows Teslas to fast charge at Fastned. Half of the full electric vehicle fleet in the Netherlands is currently a Tesla, and these adaptors should add to the growth of Fastned going forward. Fastned is working hard to expand her network into urban locations and to the rest of Europe. To finance this European expansion, Fastned is planning to issue new shares of certificates in the near future.
Note for the editor (not for publication):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 can add up to 200 km range in 15 minutes. Fastned's mission is to give freedom to electric drivers and accelerate the transition to sustainable mobility. As of today, Fastned has 114 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. Fastned is listed on Euronext Amsterdam. More information: fastnedcharging.com.