European EV Charging Firm Welcomes Chinese Cars With Open Arms

  • More affordable models will bolster market, Fastned CEO says
  • EU has warned that influx of cheap Chinese EVs distorts market
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Fastned BV, a Dutch developer of electric-vehicle charging stations, said it’s poised to benefit from cheaper Chinese models coming to Europe this year even as Brussels seeks to fend off their influx.

Chinese carmakers bringing affordable and attractive vehicles to the region is “good news” as it means the market will expand and Fastned can sell more electricity, Chief Executive Officer Michiel Langezaal said.