Kiwi retailer welcomes $120m funding for EV charging

Z Energy believes this targeted funding will support major charging providers to accelerate critical charging infrastructure.

Z Energy welcomes the Government’s $120 million targeted EV funding package as part of the Wellbeing Budget 2023.

New Zealand’s Z Energy is already working at scale and pace to build a network of on-the-go charging infrastructure at our retail service stations. The energy company believes this targeted funding will support major charging providers to accelerate critical charging infrastructure that is needed across the country.

“Z is already leveraging its existing network of service stations to build an EV charging network for Aotearoa and plans to have EV chargers available across 20 percent of Z service stations by the end of this year,” says Lindis Jones, Z’s CEO.

“A scaled domestic EV charging network that enables accessible, affordable, convenient, and reliable charging solutions to meet the needs of drivers now and into the future is core component of the transition to a low carbon economy,” said Jones.

For businesses like Z to continue investing in and delivering private and public charging, the Government must also ensure the regulatory settings are fit-for-purpose and market failures are addressed, according to the company.