Fastned Walshoutem first with 400 kW chargers in Belgium

Dutch Fastned has opened a new fast-charging station in Belgium along the E40 highway in Walshoutem (Landen), and this one is the first to feature 400 kW charging on eight charging points. Fastned now has 26 stations in Belgium, all in Flanders except for one (in Vielsalm), since opening the first in 2020 in Ostend.

Until now, 300 kW max was the standard. Chargers with 400 kW capacity that would allow 100 km of range in three minutes, in theory, are still scarce, but there are no EVs on the road yet capable of charging at that speed. Fastned started experimenting with 400 kW charging in December 2022 at its station at De Watering in Dutch Oostzaan with an EVBox Troniq Modular High-Power column.

Taycan can charge at 320 kW

The new Porsche Taycan, to be launched in 2024, will be able to charge up to 320 kW, an improvement of 50 kW over the current model, which was the fastest-charging EV on the European market.

Chinese and American start-ups have been in hot pursuit of doing better. Xpeng has showcased its SUV G9 with a charging speed of 480 kW, matching its in-house developed supercharger, which handles the same peak power. This provides 200 kilometers in 5 minutes.

Tests in its home country, the US, have unveiled that the Lucid Air, which deliveries in Europe started in late 2023, is capable of a little above 300 kW thanks to its 900V+ architecture. But these are primarily theoretical values, as it is to be seen how long such high peaks can be provided, which are, by rule, subject to fluctuations.

First Fastned station with a shop in Brecht

Meanwhile, at the charging station of Brecht along the E19 highway Antwerp – Breda, Fastned is adding the finishing of its first manned food and drink shop for Europe. The shop is planned to open its doors in the first week of March 2024.

In the Netherlands, Fastned has won several juridical battles to be granted permits to exploit this kind of shop at its charging locations to allow clients to get something to eat or drink while charging the car. There was fierce resistance from the existing fueling station chains, claiming they were promised exclusivity on shops while paying a lot for the permit.

Raising another €24 million

The Dutch fast-charging company is investing heavily to reach its target of 1,000 European stations by 2030. After opening its first station in Denmark in Q4 2023, it is expanding to Spain, where it won a first tender for seven stations along highways.

Fastned announced this week it had raised more than €24 million with the issue of new bonds with a 6% coupon and a 5-year maturity. “This 14th round in the bond program brings the total outstanding amount of investments raised with retail investors to more than €180 million,” the company says.

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