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New Zealand to Double EV Public Chargers with $52.7M Zero-Interest Government Loans
2 hours ago | 33 viewsNew Zealand's government is investing $52.7 million in zero-interest loans, alongside $60 million from ChargeNet and Meridian, to more than double the country's public EV chargers to around 4,550, aiming for 10,000 by 2030. This initiative addresses the current shortage of public chargers, a key barrier to EV adoption, by easing private sector investment and streamlining planning rules to accelerate infrastructure rollout. Expanding the charging network supports growing EV uptake, reduces emissions, and helps households save on fuel costs amid volatile global markets.
Tags: Chris Bishop Simon Watts ChargeNet Meridian Energy New Zealand EV chargers electric vehicles government loans EECA National Infrastructure Funding and Financing
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