April 7, 2022 – Chase bank announced a new partnership with fast charging network EVgo to implement a pilot program of DC fast chargers for EVs at 50 of its branch locations. As part of an expanded focus on sustainability, the commercial banking business plans to grow its on-site solar power to 400 additional branches by year’s end.
EV drivers will be able to plug in outside of their local Chase branch and utilize fast chargers offering speeds between 100-350 kW, which can deliver as much as 80% charge in 15-45 minutes.
Once all 50 DC fast chargers are installed and functional, EVgo estimates they will deliver up to 9.4 million kWh annually and provide nearly 30 million miles of EV range. Those numbers supplant 12,000 metric tons of CO2, equivalent to planting approximately 196,000 trees each year.
