Chase to Establish EV Charging Infrastructure Across 50 US Branches

New York-based Chase announced that it will establish public fast electric vehicle charging stations across 50 of its US branches.

The chargers will deliver up to 9.4million kWh annually to provide nearly 30 million EV miles charged, equivalent to avoiding 12,000 mt of CO2 and planting approximately 196,000 trees each year.

The company has partnered up with electrification leader EVgo to bring charging stations to its branches. EVgo builds, owns, and operates the country’s largest network of public DC fast chargers, powered by 100% renewable energy.

“We’re always listening and taking feedback from customers when it comes to the branch experience, and we know environmental sustainability is important to them,” said Jennifer Roberts, CEO, Chase Consumer Banking. “We’re excited to work together with EVgo to bring electric vehicle charging to our branches and offer this important service to thousands of customers and their communities.”

“Reducing the amount of pollution from tailpipes will have real benefits for consumers and communities, and increasing the availability of convenient public fast charging gives more drivers peace of mind to switch to electric,” said Cathy Zoi, CEO, EVgo. “Having access to fast charging in everyday settings of life – the local bank being a great example as well as an important community staple – is truly key. We’re excited to partner with Chase, and together with our shared values, we look forward to working together on decarbonizing transportation and improving our communities.”

Transport is the leading source of greenhouse gas emissions in the US With a projection of 145 million EVs running by 2030, electric vehicles promise to be the future of transportation.

However, the charging infrastructure is lacking, and it is the biggest challenge for EV adoption. This collaboration will help scale the EV industry in communities across the country.

In upcoming months, Chase will also continue to expand on-site solar power at its branches across the US To date, Chase has added solar installations at over 350 branches.