New Zealand is using zero-interest loans to speed up public EV charger installation. According to the National Infrastructure Funding and Financing Company (NIFFCo) and electrive, reporting on August 10 and 12, 2026, about NZ$21 million in loans is available to charging operators.
Loan Terms
- About NZ$21 million at 0% interest.
- Loans cover up to 50% of project costs.
- Terms of up to 12 years.
- First round: ChargeNet and Meridian, for 2,574 charging points.
The 10,000-Charger Target
The government targets 10,000 public charging points by 2030, from about 1,800 before the program. That requires roughly 174 installations a month. Ministers Chris Bishop and Simeon Brown announced the program.
What It Means
Loans that reduce upfront costs make it easier for operators to build networks quickly. Demand for home and workplace Type 2 charging will also grow as the network expands and driver confidence rises. See our New Zealand supplier page.
Related Reading
- EV Charging News: New South Wales Offers A$16.5 Million for Kerbside and Fleet Chargers
- EV Charging News: India Passes 29,000 Public Charging Stations, Six Times the 2022 Level
- EV Charging for Restaurants and Retail: Turning Dwell Time Into Visits
Key Takeaways
- New Zealand offers about NZ$21 million in zero-interest charger loans.
- Loans cover up to 50% of costs over up to 12 years.
- ChargeNet and Meridian will build 2,574 points in round one.
- The target is 10,000 public points by 2030.
Sources & Standards
- National Infrastructure Funding and Financing — Zero-interest loans accelerate EV charger rollout (Aug 2026)
- electrive.com — New Zealand offers $21 million in loans for EV chargers (Aug 12, 2026)
