For My Company, we shared why NOXO is a unique player in the market, the challenges we faced, and why we chose rhinos as our symbol. We invite you to read the interview with Kuba Bańkowski.

How and why was NOXO Energy founded?

The idea for the company was born in early 2019 when we noticed the growing popularity of electric cars, especially in Europe. In Poland, this trend was just beginning to emerge. I remember we even had to check and confirm when the first Electromobility Act came into effect. Initially, charging stations in Poland had to offer their services for free due to a lack of guidelines regarding energy sales or charging services. However, we saw that this sector was developing dynamically in the West.

No Plan B

The key question founders ask themselves is: what percentage of all cars will be electric in the coming years? Even if that percentage is small, and the current number of electric cars on the roads doubles, the business will become profitable.

“Thanks to a well-thought-out strategy, we avoided creating a complex structure that would generate high monthly fixed costs. As a result, we need very little to reach profitability,” adds Bańkowski.

We encourage you to read the full article: https://mycompanypolska.pl/artykul/rynek-stacji-ladowania-przypomina-biznes-nieruchomosciowy-jakub-bankowski-noxo-energy/15732