Fastned, the European fast-charging company, grew revenue by 44.0% in Q3 2024, reaching €21.9 million. In the third quarter, Fastned delivered 35.5 GWh (+38.5% vs. Q3 2023) to 474,000 active customers (+32.6% vs. Q3 2023) and once again outpaced the electric fleet, which grew by 34%. To cater to the growth of the charging market and to continue offering its awarded charging experience to more EV drivers, Fastned secured 114 locations in the last 12 months and aims to open 39 to 54 new stations this year.
A snapshot of Fastned’s performance during Q3 2024
In the past year, Earth broke records for 25 of the 35 so-called vital functions, according to the 2024 State of the Climate Report. Change is needed. Therefore, I am pleased to see that the number of companies mandating fully electric fleets has more than doubled. Large corporates are leading the way, with more than 60% already obligating EVs in the Netherlands.1 This is a great example of the EU CSRD legislation having a concrete impact. Fastned remains true to its mission to accelerate the transition to electric mobility and accelerates on its path to 1,000 charging stations by 2030. The high-profile wins in this last period in London, Denmark, and Switzerland show that tender authorities throughout Europe recognise the quality of Fastned's charging experience.
Michiel Langezaal, Fastned co-founder and CEO
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