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Volkswagen Bank now offers charging infrastructure financing

By on August 19, 2022 0

Volkswagen Bank has started financing charging infrastructure for electric vehicles. The offer is aimed at companies that want to electrify their fleet of vehicles and need to install the necessary charging infrastructure at their respective headquarters.

Loans of 50,000 to 250,000 euros with a term and a fixed interest rate of up to 20 years must be approved “quickly and without bureaucracy”, according to the press release. Larger loans would be granted after a positive review of the balance sheet.

In addition, investment financing also covers work on the building, existing operating equipment and connection costs. The installation of a photovoltaic system or a buffer tank can also be financed as part of the investment. In addition, Volkswagen Bank advises on the integration of possible subsidies and takes them into account from the outset when planning individual financing.

Just last month, Volkswagen Financial Services launched a Europe-wide electromobility program called “Electrification-as-a-service” (EaaS). The objective is to support the electrification of large fleets of vehicles for professional use.

With EaaS, customers benefit from a uniform consulting and implementation offering from a single source and across national borders. According to a press release about the new product, this comprehensive service is made possible through cooperation with selected partners.