Autonomous Vehicle News
Bank of America wants to help. Consumers who finance their auto loan through Bank of America will now have the opportunity to finance their residential chargers along with their EV. According to Bank of America, demand for home chargers is expected to grow in the U.S. by nearly 27.5 million by 2030, up from a mere 1.3 million in 2021. AdvertisementEV Home Charger Getty ImagesWhile you can charge your EV at home without installing a Level 2 charger, the difference in charging times is significant . Level 2 chargers, on the other hand, can charge an EV in 4-10 hours and a PHEV in 1-2 hours.