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Accelerating the roll-out of public EV chargers

  • The government introduces a new loan scheme to fund public electric vehicle chargers.
  • Grants previously supported the market, but loans offer better value by maximizing private investment.
  • These interest-free loans can cover up to half of project capital costs for establishing charging sites.
  • The government is redirecting $68.5 million in grant money towards funding these specific loans.
  • This initiative aims to increase charging network expansion and boost public confidence in choosing electric vehicles.
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  • 86% of the sources are Center
86% Center
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NZ Herald broke the news in Auckland, New Zealand on Saturday, April 26, 2025.
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