Fastned to develop landmark EV charging sites with Places for London

The charging operator and property company will collaborate to establish 25 ultra-rapid EV charging hubs across London by the end of the decade.

Fastned has formed a joint venture with Places for London, Transport for London’s property company, to develop electric vehicle (EV) charging locations.

Both companies will jointly invest in developing ultra-rapid charging hubs at an initial five sites across London, with the prospect of expanding the network by the end of the decade to 25 sites. These will add over 70 ultra-rapid charging bays, providing up to 400kW, to London’s EV charging network.

“Londoners deserve a top-notch EV charging network for all those daily trips and longer journeys. That’s why we’re excited and proud to be bringing more ultra-rapid charging to key locations across the city – all helping to ramp up London’s transition to electric,” Tom Hurst, UK Country Director of Fastned.

The joint venture will help to further accelerate London’s transition to electric mobility to help meet the Mayor of London’s sustainability goals.

This partnership intends to add a further 20 sites by 2030, with the potential to increase this to up to 65 hubs over the collaboration’s lifetime as market demand and opportunities arise. The number of EVs on the road in London is projected to rise to between 1m to 1.4m by 2030, making up 34% to 49% of the city’s car and van fleet.