First step in the roll-out of a nationwide network of hundreds of stations

Amsterdam, 22 June 2018. Fastned, that is building a European network of fast charging stations where all electric cars can charge, will today open its first station in Germany. The fast charging station is located along the A3 highway at Limburg an der Lahn (exit Limburg-Süd) and has several 350 kW chargers. This allows electric drivers to charge up to 100 times faster than at home, making it possible to travel long distances with an EV. Mayor Dr. Marius Hahn from the municipality of Limburg an der Lahn and Bart Lubbers, co-founder of Fastned will officially open the station.

Fastned has the ambition to build a European network of 1000 fast charging stations, of which several hundred in Germany. The iconic stations are located at busy locations along motorways and in cities. With this network, Fastned wants to give electric drivers the freedom to drive throughout Europe. Fastned currently has 73 stations operational in the Netherlands and is preparing to roll out its network to other countries, including the United Kingdom and Belgium. Fastned plans to open 18 stations in Germany before the end of the year.

With the roll-out of a network of fast-charging stations, Fastned is responding to the exponentially growing number of electric cars in Europe. As a result of the decreasing price of batteries, more affordable electric cars with a larger battery and more range are being introduced. This makes it possible to cover longer distances, but also drives the need for fast charging infrastructure that can quickly charge these cars. With these stations charging will become more and more like refueling your car, but with energy from sun and wind.

Bart Lubbers, co-founder Fastned: "After the successful German Energiewende now comes the German Autowende. In the next few years, German car manufacturers such as Porsche, Audi, Volkswagen, BMW and Mercedes will introduce fully electric models that can charge at high power. This is a great challenge and opportunity for the automotive industry and charging companies like Fastned. Together with municipalities, landowners and suppliers, we are building the charging infrastructure that is needed to fast charge these cars with energy from the sun and wind."

Dr. Marius Hahn, mayor of Limburg an der Lahn: "Fastneds first fast charging station outside of the Netherlands is a real win for the Limburg site and is visible proof of the ambition to improve the conditions for electric cars. Thank you very much for choosing Limburg. We wish the new station so many charging sessions that expansion to other locations will follow quickly.

At Fastned, all types of fully electric cars can charge their battery super-fast. The roof of the station consists of solar panels. All power that Fastned supplies comes from the sun and the wind. Charging can be initiated with the Fastned app or by swiping a charging card. Payments are settled via a charging card, bank debit or creditcard.

Background information about Fastned:
Fastned is building a European network of fast-charging stations where all electric cars can charge within 20 minutes. The stations are located at high traffic locations along the highways and in cities. This will give electric cars the freedom to drive across Europe. As of today, Fastned has 73 stations operational in The Netherlands and is working on expanding its fast charging network to the rest of Europe. Fastned is preparing the construction of fast charging stations in Germany, The United Kingdom and Belgium. Fastned is listed on the Nxchange stock exchange.

Fastned is rolling out its network of fast charging stations in response to the rapidly increasing numbers of EVs in Europe. Car manufacturers are investing billions of Euros in the development of, and production capacity for, EVs. More and more EVs are hitting the roads, which drives the need for charging infrastructure. Fastned is responding to this development by building the service stations of the future. Co-founder and CEO Michiel Langezaal: "We are the Shell of the future, only our energy comes from the sun and the wind."

For more information go to www.fastnedcharging.com.