Main

THE GLOBAL SMART CITY KNOWLEDGE BASE

Fastned charging stations on best way to create revenue

Smart City

As the electric vehicle market is growing, it becomes also profitable to set up and maintain electric vehicle charging stations. Image source: Shutterstock (#563634646)

The electric vehicle fast-charging stations of Fastned are beginning break even. Last month, the first few produced enough electricity to pay for leases, licenses, power costs, cleaning, maintenance and grid connection fees. It is expected that their other stations will reach that point in the near future as well. The next steps for the company are to be able to cover central operating expenses, and then depreciation and finance costs from the charging stations.

 

CleanTechnica

Why not share this article?

Partner Networks

City Partners

SmartCityNews.global

SmartCityNews.global