NRG striving for leading role in country’s electric car market

Retail energy firm NRG, a member of the Motor Oil group, is aiming for a leading role in Greece’s electromobility market and has set ambitious objectives, including comprehensive in-charge solutions for businesses and households and an increase of the company’s recharging stations around the country from 500 at present to 1,000 by the end of the year.

New recharging station installations, through business-to-business deals, are being planned by NRG for key points, including at hotel facilities, corporate buildings, supermarket chains and shopping centers, followed by households.

NRG has already established agreements with two supermarket chains, My Market and Masoutis. The agreement with My Market involves the installation of 500 recharging stations at 250 points by the end of 2023, while the Masoutis deal entails the installation of 300 recharging stations at 150 points.

NRG has also reached hotel-sector deals with Costa Navarino and the Greco Hotel group, and, to date, has installed recharging stations at over 80 hotel points.

Covering 70 to 80 kilometers with an electric car costs approximately 6.50 euros, well below the fuel cost tallied by a conventional car model, estimated at 16 euros.

At present, approximately 13,000 plug-in hybrid cars are being used in Greece. Some 4,000 electric cars are in use.