Fastned grows charging revenues by 37% in 2020 amidst Corona pandemic

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3 thoughts on “Fastned grows charging revenues by 37% in 2020 amidst Corona pandemic”
  1. Good that charging stations owners are growing and making money. EV adoption is much faster in EU and China than US and EU charging infrastructure much more advanced.

    In US Electrify America, EVgo and ChargePoint seem the biggest players and that they can make money and see big year to year growth is good for building out the US EV infrastructure.

    If we can get the US infrastructure rebuild bill past the the anti-science, oil lobby groups in US Congress, the government support for the build out of 500,000 EV charging stations on stop of EA, EVgo, Tesla et al, it will be a big and necessary step to meeting global warming goals.

    Fact that charging is a money making biz is crucial.

    Tesla’s profits are fairly as much from its charging revenue as car sales.

  2. Is it me or are revenues incredibly small compared to costs. They are issuing bonds of 7% interest according to their investor emails I strangely receive (do not know why?). I love using Fastned (plug and charge, roof over the chargers, always reliable) but the business case for now seems a bit sketchy.

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