Bloomberg Law
Feb. 8, 2023, 2:15 PM

Bank of America Offers to Bundle EV Chargers With Auto Loans

Paige Smith
Paige Smith
Bloomberg News

Bank of America offering consumers the option of financing at-home electric-vehicle chargers as part of their auto loans, anticipating demand for the products will increase as buyers turn away from gas-powered cars.

The offer begins Wednesday. Fabien Thierry, head of consumer vehicle products, said the bank believes it is among the first firms to provide such a service for consumers.

“Bank of America has been supporting the electrification, and we’ve been saying that we want to be one of the EV financing leaders,” he said.

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