Fastned's Ambition Is To Scale Up Beyond 1,000 Charging Stations

Three-dimensional approach is the key as the market progresses.

By the way of releasing third-quarter results, and opening the largest fast charging station in Germany, Fastned has shown also an interesting side about scaling up the business.

The company has ambitions to expand its network beyond 1,000 stations at some point in the future.

As of the end of Q3, it was 123 stations, mostly in the Netherlands (100+) but the company is expanding in Germany and recently started new investments in Switzerland and in Belgium. There are also a few clustered stations in the UK.

Together with the expanding EV market, Fastned will not only increase the number of stations and their geographical density but also increase the power output of individual chargers (up to 350 kw), as well as add more chargers per site (including retrofitting existing stations).

It’s a three-dimensional expansion: