Commercial, Distributed Energy Resources - April 8, 2022
Chase Adds EV Charging Stations
Chase will add public fast electric vehicle charging stations across 50 of its U.S. branches beginning this summer.
This latest environmental sustainability project follows the bank’s efforts to expand on-site solar power to approximately 400 additional branches by the end of 2022.
Chase is partnering with EVgo, which builds, owns, and operates public DC fast chargers that are 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 of Chase Consumer Banking in a statement. “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.”
Fast chargers will be installed at select Chase branch locations in states like California, Indiana, Illinois, New York, Oregon, and Pennsylvania, offering thousands of drivers access to 100kW and 350kW chargers that can charge vehicles as much as 80% in 15-45 minutes. The bank expects to have all stations available for use by the summer of 2023.
Once installed and operational at the 50 branch locations, EVgo estimates chargers will deliver up to 9.4million kWh annually to provide nearly 30 million EV miles charged.
This effort is part of the company’s strategy to contribute toward the goal of reducing GHG gas emissions from its buildings, branches, and data centers by 40% by 2030.
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