In the five years since Fastned incorporated, they have built 59 fast charging stations through-out the Netherlands. Investors funded this expansion. Now many of these stations are generating revenue. Last week Europe’s largest EV Fast Charging Station company announced an important milestone.
People working in automotive development labs today see cars which will hit the road in a couple of years time and know their internal combustion counterparts cannot compete: they see the tipping point today. For most of us, it is still a future event. Today’s electric vehicles need to become more affordable. They need longer range and an infrastructure to support them. Fastned’s CEO, Michiel Langezaal, says everything will move quickly after these issues are addressed. Everybody may be driving EVs in 10-15 Years.
Fastned CEO Michael Langezaal recently compared EVs to computers on wheels. Gas powered vehicles, on the other hand, have a single function: going forward. The EVs superiority is so obvious that once they have 4-6% of the market and an infrastructure is in place, they will take over. Today’s announcement that Fastned is partnering with Nissan is a wake-up call. The EV tipping point is almost here.