Adnoc Distribution targets 200 EV stations by year-end

  • Date: 29-May-2024
  • Source: AGBI
  • Sector:Oil & Gas
  • Country:UAE
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Adnoc Distribution targets 200 EV stations by year-end

Adnoc Distribution, the UAE’s largest fuel and convenience retailer, is planning to more than double the number of fast electric vehicle (EV) charging stations as part of its five-year expansion strategy. The company has 90 fast EV charging points and aims to reach 150-200 by the end of the year, the UAE state-run Wam news […]Adnoc Distribution, the UAE’s largest fuel and convenience retailer, is planning to more than double the number of fast electric vehicle (EV) charging stations as part of its five-year expansion strategy.

The company has 90 fast EV charging points and aims to reach 150-200 by the end of the year, the UAE state-run Wam news agency reported, quoting Bader Saeed Al Lamki, CEO of Adnoc Distribution.

In addition, the Abu Dhabi-listed subsidiary of state-run energy giant Adnoc plans to install 500 fast electric chargers over the next five years.

Al Lamki said the company plans to expand its network of fuel stations in the UAE, Egypt, and Saudi Arabia.

Over the next five years, the number of fuel stations in the UAE, Egypt, and Saudi Arabia will reach 1,000, up from the current 840.

The CEO said Adnoc Distribution plans to open 15 to 20 new fuel stations this year