Fastned Volume Growth Up 500% For Q1 2016, Compared To Q1 2015

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Originally published on EV Obession.

The Netherlands-based electric vehicle fast-charging network company Fastned is continuing to grow at a rapid clip, going by the company’s recently released Quarter 1 2016 numbers.

To quickly summarize here: volume growth during the quarter was 500% (as compared to Quarter 1 2015); revenue growth was 370% (as compared to Quarter 1 2015); revenue growth was 21% and volume growth was 37% as compared to Quarter 4 2015; and active customer growth was 31% as compared to Quarter 4 2015.


In addition to this growth, the company also recently completed a rollout of Tesla adapters at its electric vehicle (EV) fast-charging stations throughout the Netherlands. In addition, the company secured a new deal with Nissan that will see LEAFs given 4 years of unlimited charging at the company’s various stations in the region.

Fastned CEO Michiel Langezaal commented:

“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.”


It’s great to see that the company is still doing quite well, as the lack of reliable charging infrastructure in much of Europe is arguably the primary barrier to wider EV adoption. Fastned is currently in the planning and financing phase of its efforts to expand its network throughout continental Europe.

Image Credits: Fastned

Reprinted with permission.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

CleanTechnica Holiday Wish Book

Holiday Wish Book Cover

Click to download.

Our Latest EVObsession Video

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

CleanTechnica uses affiliate links. See our policy here.

James Ayre

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

James Ayre has 4830 posts and counting. See all posts by James Ayre

One thought on “Fastned Volume Growth Up 500% For Q1 2016, Compared To Q1 2015

  • I wonder how the US Fast Charging networks are doing?

Comments are closed.