15 Facts About Fastned

Fastned is a Dutch company that owns and operates a network of over 200 EV charging stations in the Netherlands, Germany, the United Kingdom, Belgium, and Switzerland.

Fastned's headquarters are located in Amsterdam, and its CEO is Langezaal.

Fastned received a permit that same year to build and operate charging stations at 201 rest areas in the Netherlands for a period of fifteen years.

Fastned issued bonds with a total face value of €22 million in 2016 and 2017.

In 2018, the usage of Fastned's charging stations had slowly increased to an average of five to six customers daily.

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Fastned started constructing some smaller locations at Albert Heijn supermarkets and reached the mark of 100 charging stations in June 2019.

Fastned had planned an IPO that day in order to raise between €27 million and €30 million by issuing at most three million stock certificates.

In Switzerland, Fastned had won a tender to build twenty charging stations.

Fastned introduced a new station design in 2016 with a higher roof in order to accommodate electric trucks.

Fastned's revenue had been close to zero during its initial years due to a low number of customers.

Fastned has never turned a profit due to its continuing expansion.

Fastned has been involved in a number of lawsuits concerning permits to operate at rest areas.

When Fastned wanted to add toilets and convenience stores at some of their locations, Rijkswaterstaat, the owner of the land of rest areas, did not grant the necessary permits.

Fastned subsequently went to court in 2017 and won the case, as the judge found that Rijkswaterstaat provided insufficient support for its claim.

Fastned did not manage to prevent the placement through the cases, in which it raised safety concerns and argued Shell could not sell electricity with its permit to sell fuel.