Fast charging station operator Fastned records net loss

Fast charging station operator Fastned records net loss

Fastned, the operator of fast charging stations for electric cars, saw its net loss increase to 11.4 million euros in the first half of this year, 11 percent more than in the same period last year. Furthermore, the company announced turnover increased by 45 percent to 37.8 million euros on Thursday.Fastned attributes the loss to continued high investments to expand. The company benefits from the “continued strong growth” of the electric vehicle fleet in Europe. “With more than 500 acquired…
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Source: https://nltimes.nl/2024/08/18/fast-charging-station-operator-fastned-records-net-loss