GM is heavily investing in solar power agreements for three assembly facilities, including the Newport Solar project site that is expected to generate enough electricity to power 30,000 households annually. In addition, this week’s EV lineup appears to bring back Road Warrior, with an upgrade, and the Batmobile, with even … [continued]
Positive Cash Flow for Fastned In the recent H1-2023 financial report from Fastned, there was one news item I had been waiting for. I knew it was coming, it was unavoidable, and it would be a huge line to cross. That item was positive cash flow that enables Fastned to … [continued]
Fastned, one of the premier EV fast charging networks in the world (but just operating in Europe), is expanding its network into Denmark. The Dutch company has won a tender to build three superfast charging stations — power output of 400 kW per charger. That’s also the number of EV … [continued]
Fastned annual report 2022 was so good it makes me eager for the 2023 report.
(Readers be warned, this article contains some “tongue in cheek” lines) Last Tuesday, Oct. the 11th, Fastned published its 3rd quarter results. The slides are here, and the webcast is available for replay here. As preparation, I visited some investor advice sites. That was probably a stupid thing to do. … [continued]
If you’ve never in your life loved LEGOs, there’s something wrong with you. (No offense.) I mean, if you’re a full grown adult now and are not really into them, that’s fine, but everyone must have at least gone through a LEGO phase at some point in time. So, we … [continued]
Eventually, a total of 400 electric cars could charge at the new Energy Superhub Oxford at one time. At launch, there are currently spaces for 42 vehicles to use fast charging or ultra-rapid charging stations. The charging capacity at Energy Superhub Oxford is greater than at any other charging station … [continued]
Fastned Charging Day is coming up this week. It is primarily focused on investors. To reach as large a public as possible, the format of an online show was chosen. The complete business of fast charging theoretically can be explained in this three-hour presentation. Charging as a business is a … [continued]
Fastned’s 10th anniversary was in February. What happened before and in those 10 years? How did they succeed in creating freedom for electric drivers? And what about the future? How it all began In 1990, California created its Zero Emission Vehicle Mandate. It forced the 7 largest carmakers selling cars … [continued]
On January 11 of 2022, Fastned published its Q4-2021 shareholder update letter and held its quarterly conference call. Contrary to USA companies that publish financial reports quarterly, in the Netherlands, the financial report is yearly with a condensed interim report after the first half year. The quarterly update letters are … [continued]
