It’s no coincidence that a key element to consider when it comes to electrifying the fleet is that companies can create the optimal conditions for ensuring maximum vehicle availability by having their own charging infrastructure on site. Together with in-house power generation, such as by means of a photovoltaic system, maximum cost efficiency can also be generated in the long term. Alongside this are benefits in relation to internal and external perception – for example, if customers can charge their e-vehicle easily when attending appointments on site or if the charging stations are even made accessible to the public. The only question that remains is how best to manage the necessary investments, which can be considerable depending on the fleet size.
Infrastructure financing, tailored to the brand
“This question is becoming the pivotal focus of the electric mobility project for more and more fleet operators”, explains Dr. Michael Reinhart, Chairman of the Management Board of Volkswagen Bank GmbH – especially as the topic of fleet electrification becomes more broadly established. According to DAT-Barometer in April 2022, the proportion of purely battery-electric vehicles in the field of alternative drives has already reached 43 per cent. And the curve looks set to continue rising in the future too, driven not only by the extremely fraught situation on the fossil fuel market but also by policy objectives in the area of mobility transformation. “We want to play our part in ensuring that the cost of establishing the infrastructure does not become a major undertaking or even a stumbling block for companies”, stresses Reinhart. That’s the reason for developing a financing model for the charging infrastructure, targeted specifically at the needs of company fleets. “Specifically”, according to Reinhart, “primarily means that we adapt investment loans precisely to the individual circumstances of the customer.”
The overall package adds up
The advantages of the financing model are clear to see, with the emphasis on maintaining liquidity: rather than a large (initial) investment, customer companies benefit here from constant instalments as well as term and interest rate lock-in for up to 20 years. This provides a reliable basis for calculation, accompanied by low-threshold access possibilities and prompt lending decisions. “Our aim here is to provide real momentum for companies – from financing of technological components, explicitly also PV systems and storage options, through to the installation costs”, reiterates Reinhart. The experts at Volkswagen Bank therefore also provide advice for customer companies in relation to funding opportunities and integrate them into their financing concepts from the outset.
Further information is available from the corporate client team at Volkswagen Bank GmbH – they are your competent partner not only in relation to the charging infrastructure, but can also provide support on all other issues concerning tailored corporate and working capital financing. Contact us by phone at +49 (0)531 212 – 9544 or by email to: email@example.com
News on the topic
© Volkswagen Financial Services