Amsterdam, 14 August 2025
Fastned, a leading European fast charging company, has reported a 44% year-on-year increase in revenue related to charging in H1 alongside strong growth in renewable energy delivered and a successful series of new charging stations, expansions and upgrades. The company delivered the results in its Interim Report H1 2025, published on 14 August.
Record results as company's scale-up continues
In the first half of 2025, Fastned's revenue related to charging rose to €54.3m as the company delivered 81.4GWh of renewable energy (up 30% on H1 2024) over more than 3 million charging sessions (up 24%).
Fastned's strategy of proactively securing valuable high-traffic locations continued to pay off during this period. While expanding its network to 363 charging stations by end of H1, the company also secured 37 new high-value locations for development, for a total of 606 locations secured as of the end of June 2025. This is in line with previous forecasts and keeps Fastned on track to hit its goal of 1000 stations by 2030.
Network growth: openings, expansions and upgrades
Fastned's network of iconic charging stations continued to grow, with 17 new locations opening in H1 2025 across five European countries, including its first in Italy.
Alongside an additional 12 stations opened since the end of June, this makes a total of 29 new Fastned stations newly opened to drivers so far in 2025 - just in time for the busy summer holiday period. This is supported by expansions and upgrades to existing stations, raising capacity and scaling our ability to deliver the energy drivers need. A total of 8 upgrades and expansions were completed in H1, with another 3 completed post-reporting during the month of July.
Investing now for the network of the future
Fastned continued to attract strong investor support in H1, with two tranches of bonds (concluding in February and June respectively) raising a total of over €71m during H1 2025, fully funding the roll-out over the same period. The community of Fastned retail investors across the Netherlands and Belgium now numbers over 10,000.
Alongside significant growth in revenue in H1, both operational EBITDA and revenue generated per station continued to improve year-on-year due to increased EVs on the roads and greater numbers of customers visiting our stations.
Net loss in H1 2025 increased to €18.3m, with network expansion costs (totalling €16.3m) representing almost all of that amount. This increase is a result of our efforts to scale rapidly across Europe and build our organisation to be ready for a more ambitious future. This is in line with our strategy of increasing our build pace of stations as we move in H2 - historically our most productive period of the year for station construction.
Europe's e-mobility transition rolls on
EVs continued to build market share across Europe during H1 2025, as governments and institutions found renewed alignment to overcome the regulatory stagnation that had been hindering the transition over the last year.
Now that companies and governments have the regulatory flexibility they need, we expect to see a re-energising of the EV charging market during H2 and beyond. Fastned is investing heavily in creating a best-in-class charging concept and growing our organisation to ensure we can secure our position as a leading European charging company and continue to scale and accelerate the transition to electric mobility.
"In the first half of 2025 the EV market has turned a corner and entered its next phase of acceleration, and it is expected to ramp up further. We have continued to make disciplined investments in our network and bring Fastned to more electric drivers, and our revenues continue to grow. We're building Europe's fast charging network of the future, and I'm excited for what the rest of the year will bring for Fastned."
Michiel Langezaal, CEO and co-founder of Fastned
Download full report:
https://content.presspage.com/uploads/2519/dbcdca34-185e-4da7-94f3-11daaa9671ab/fastnedh12025interimreport.pdf?10000
About Fastned
Fastned is on a mission to accelerate the transition to electric mobility. Since 2012, we've been at the forefront of European charging infrastructure development, building and operating a rapidly growing network of iconic fast charging stations. Our yellow, nature inspired stations create a welcoming environment for drivers during the 10-15 minutes it takes to charge up to 300 km of range. By offering Europe's most reliable, convenient and joyful charging experience, we aim to inspire millions to drive on solar and wind energy so that together we can curb climate change. Fastned is listed at Euronext Amsterdam (AMS: FAST) and is a certified B Corp.
Fastned, a leading European fast charging company, has reported a 44% year-on-year increase in revenue related to charging in H1 alongside strong growth in renewable energy delivered and a successful series of new charging stations, expansions and upgrades. The company delivered the results in its Interim Report H1 2025, published on 14 August.
Record results as company's scale-up continues
In the first half of 2025, Fastned's revenue related to charging rose to €54.3m as the company delivered 81.4GWh of renewable energy (up 30% on H1 2024) over more than 3 million charging sessions (up 24%).
Fastned's strategy of proactively securing valuable high-traffic locations continued to pay off during this period. While expanding its network to 363 charging stations by end of H1, the company also secured 37 new high-value locations for development, for a total of 606 locations secured as of the end of June 2025. This is in line with previous forecasts and keeps Fastned on track to hit its goal of 1000 stations by 2030.
Network growth: openings, expansions and upgrades
Fastned's network of iconic charging stations continued to grow, with 17 new locations opening in H1 2025 across five European countries, including its first in Italy.
Alongside an additional 12 stations opened since the end of June, this makes a total of 29 new Fastned stations newly opened to drivers so far in 2025 - just in time for the busy summer holiday period. This is supported by expansions and upgrades to existing stations, raising capacity and scaling our ability to deliver the energy drivers need. A total of 8 upgrades and expansions were completed in H1, with another 3 completed post-reporting during the month of July.
Investing now for the network of the future
Fastned continued to attract strong investor support in H1, with two tranches of bonds (concluding in February and June respectively) raising a total of over €71m during H1 2025, fully funding the roll-out over the same period. The community of Fastned retail investors across the Netherlands and Belgium now numbers over 10,000.
Alongside significant growth in revenue in H1, both operational EBITDA and revenue generated per station continued to improve year-on-year due to increased EVs on the roads and greater numbers of customers visiting our stations.
Net loss in H1 2025 increased to €18.3m, with network expansion costs (totalling €16.3m) representing almost all of that amount. This increase is a result of our efforts to scale rapidly across Europe and build our organisation to be ready for a more ambitious future. This is in line with our strategy of increasing our build pace of stations as we move in H2 - historically our most productive period of the year for station construction.
Europe's e-mobility transition rolls on
EVs continued to build market share across Europe during H1 2025, as governments and institutions found renewed alignment to overcome the regulatory stagnation that had been hindering the transition over the last year.
Now that companies and governments have the regulatory flexibility they need, we expect to see a re-energising of the EV charging market during H2 and beyond. Fastned is investing heavily in creating a best-in-class charging concept and growing our organisation to ensure we can secure our position as a leading European charging company and continue to scale and accelerate the transition to electric mobility.
"In the first half of 2025 the EV market has turned a corner and entered its next phase of acceleration, and it is expected to ramp up further. We have continued to make disciplined investments in our network and bring Fastned to more electric drivers, and our revenues continue to grow. We're building Europe's fast charging network of the future, and I'm excited for what the rest of the year will bring for Fastned."
Michiel Langezaal, CEO and co-founder of Fastned
Download full report:
https://content.presspage.com/uploads/2519/dbcdca34-185e-4da7-94f3-11daaa9671ab/fastnedh12025interimreport.pdf?10000
About Fastned
Fastned is on a mission to accelerate the transition to electric mobility. Since 2012, we've been at the forefront of European charging infrastructure development, building and operating a rapidly growing network of iconic fast charging stations. Our yellow, nature inspired stations create a welcoming environment for drivers during the 10-15 minutes it takes to charge up to 300 km of range. By offering Europe's most reliable, convenient and joyful charging experience, we aim to inspire millions to drive on solar and wind energy so that together we can curb climate change. Fastned is listed at Euronext Amsterdam (AMS: FAST) and is a certified B Corp.
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