- Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co JPM, has partnered with EVgo Inc EVGO to install charging stations.
- Chase will pilot public fast electric vehicle charging stations across 50 of its U.S. branches beginning in the summer of 2022.
- The move will support the firm’s aim to expand on-site solar power to approximately 400 additional branches by the 2022-end.
- The charging stations will offer drivers access to 100kW and 350kW chargers that can charge vehicles as much as 80% in 15-45 minutes.
- Chase expects to have all stations available for use by the summer of 2023.
- Price Action: EVGO shares are trading higher by 3.19% at $12.57 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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