Westpac has partnered with the Australian electric vehicle (EV) charging network Chargefox to assist customers in switching to greener vehicles.
Customers who finance a qualified EV will receive 1,250 kWh of free public charging to use at more than 1,500 Chargefox stations across Australia for up to a year. This translates to about 7,000 km of travel and might result in up to $750 in savings on charging.
Westpac Managing Director of Consumer Finance Steve Rubenstein said EV adoption in Australia is expanding, with EVs accounting for a growing percentage of domestic car sales in recent years.
“We know that many people are motivated by saving on fuel when considering making the switch to electric, but they also have concerns about running out of battery on the road. We want to help increase access to charging stations and support our customers who want to make the transition,” Rubenstein stated.
According to him, following the launch of our EV loan last year, today’s announcement is another step towards assisting Westpac clients in transitioning to greener cars.
Chargefox CEO, John Sullivan, said: “We’re excited to partner with Westpac to help enhance the affordability of EVs. Our mission is to make simple and affordable charging attainable by all EV drivers, creating a cleaner future.”
Electric Vehicle Council CEO, Behyad Jafari, said: “This partnership is an excellent example of our leading financial institutions partnering with the electric vehicle industry to support and enable consumer choice in the clean energy transition.”
