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On a mission to drive down EV charging costs

On a mission to drive down EV charging costs

A Melbourne-based EV charging company will use its new charging-as-a-service offering, targeted at corporate fleets, to attract institutional investment.

Agnes King

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JET Charge boss Tim Washington aims to shave five to six percentage points off the cost of the transition to electric vehicles by making private charging stations an investible asset class for institutional investors.

“The EV charging market is too immature, especially in Australia, for those with low cost of capital to fund it, so we’re paying billions more than we have to,” Washington says.

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Original URL: https://www.afr.com/companies/transport/on-a-mission-to-drive-down-ev-charging-costs-20231120-p5el9g