Fastned is one of the fastest growing independent electric vehicle charging networks in Europe. After covering the Netherlands, the company announced expansions in the UK and Germany earlier this year.
Now the German government awarded them a subsidy of 4.1 million euro (~$5 million USD) to build 25 fast-charging stations in the country.
The grant awarded by State Secretary Rainer Bomba of the German Federal Ministry of Transport and Digital Infrastructure is part of a stimulus package to accelerate the adoption of electric vehicles.
They cover virtually 40% of the cost of deploying fast-charging stations in order to reduce the risk of investing in the technology.
Michiel Langezaal, CEO of Fastned, said:
“We are very happy that the German government has initiated this programme because it brings forward the break-even point, making it more attractive for investors to invest in this green infrastructure. In the next few years, billions of euros will need to be invested in this infrastructure to provide charging capacity for the rapidly increasing numbers of EVs on European roads. Germany is central for our ambitions to create a European charging network and this subsidy really helps to accelerate the roll-out of stations in the centre of Europe.”
Fastned said about the new stations to be installed in Europe:
“The stations will be equipped with the latest high powered chargers that can add over 250 km of range in 20 minutes. Fastned expects to open the first stations in the first months of next year.”
The company is a good example of an independent network trying to support as many standards as possible. They have both CHAdeMO and CCS for DC fast-charging, and some AC level 2 chargers.
They have different types of stations, most of them are fairly big and can accommodate several rows of chargers:
But they also have a smaller version:
They even have Tesla-CHAdeMO charging adapters at the stations for Tesla owners.
The new stations in Germany are expected to be online during the first quarter in 2018