Building a single charging station required about €200,000. That money came from a number of funds owned by wealthy families, one of which was the Lubbers family fund called "Breesaap", that loaned €10 million. That loan was later converted to shares. Besides, the company started issuing stock certificates on NPEX, a stock exchange aimed at SMEs, in July 2014, raising €3.2 million in one and a half years.
In 2018, the usage of Fastned's charging stations had slowly increased to an average of five to six customers daily. According to Langezaal, nearly one third of the stations were breaking even, having between 15 and 20 customers per day. The company's first foreign charging station was opened in June 2018 close to Limburg an der Lahn in Germany. Fastned also started constructing some smaller locations at Albert Heijn supermarkets and reached the mark of 100 charging stations in June 2019.
As of March 2024, Fastned's network consists of 308 EV charging stations, of which 173 are located in the Netherlands. The lion's share of Dutch charging stations are located at highway rest areas. Three are located at Albert Heijn supermarkets, and some more are situated in cities. The charging stations outside the Netherlands are in Germany (19), the United Kingdom (6), Belgium (2), and Switzerland (2). Four German locations are at hotels of Van der Valk, while the remaining are close to highways. The first British location was in Sunderland, and the company has won a tender to expand to London. In Switzerland, Fastned had won a tender to build twenty charging stations. Fastned's stations were used a total of 194,000 times during the last quarter of 2020 by 53,000 different customers. The company has plans to expand to France.
The earlier charging stations are characterized by two yellow arches with a curved roof, consisting of solar panels, in between. The company introduced a new station design in 2016 with a higher roof in order to accommodate electric trucks. Additionally, it is better suited to increases in the number of individual charging points at a station. The roof is still composed of solar panels, but they are see-through in the new design. The design is inspired by bolts of lightning.
Fastned allows roaming access to their network for third party apps and access cards. Current partners include Gireve, Q8 in Belgium, Paua in the UK and Greenflux across Europe.
Operational stations in different countriesFastned's revenue had been close to zero during its initial years due to a low number of customers. In recent years, it has increased to €36 million (2022). The company has never turned a profit due to its continuing expansion.
Fastned has been involved in a number of lawsuits concerning permits to operate at rest areas.
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