The Bank of America electric vehicle charger financing program, provides consumers with a convenient way to purchase and install an electric vehicle (EV) charger. Rather than paying for their EV charger upfront, consumers can now finance the cost through their existing auto loan or other financial products offered by Bank of America. This makes it easier and more affordable for consumers to switch to an electric vehicle. In addition, Bank of America provides financing options for electric vehicle chargers, so they don’t have to break the bank to charge their car. With 10,000 dealers across the US as well as multiple EV manufacturers working with Bank of America, they could check with their dealer to see if this option is available to them. Not only will they be saving money on purchasing a charger, but Bank of America also provides options for flexible payment terms so that they can find the best plan for their budget and lifestyle.
Meanwhile, The Bank of America continues progressing towards its 2030 goal of deploying $5 trillion in sustainable finance by investing and mobilizing approximately $25 billion of capital aligned with the UN Sustainability Development Goals (UN SDGs) in 2021. This significant progress comes from the bank’s commitment to achieving net-zero greenhouse gas emissions in financing activities, operations and supply chains before 2050.
resource: https://esgnews.com/bank-of-america-to-offer-financing-for-residential-electric-vehicle-chargers/