Bank of America is now financing EV home chargers - Autoblog

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Bank of America is now financing EV home chargers - Autoblog
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Bank of America is now financing EV home chargers

in its financing, operations and supply chain by 2050. The EV charger financing, though, seems to be as much a practical move as it is serving the greater good.

Bank of America estimates that the number of at-home chargers in the United States will balloon to nearly 27.5 million by 2030. In 2021, that total was 1.3 million. Similarly, by the end of the decade it's expected that 26.4 million EVs will be on American roads, compared to the current 2.4 million counted in 2021.

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