Flexible Financing to Provide Access to Rapidly Deployable EV Charging Stations Across the U.S.

ChargePoint (NYSE: CHPT), a leading provider of solutions for charging electric vehicles (EVs), EnTech Solutions, a division of Faith Technologies Incorporated (FTI) and a comprehensive distributed energy solutions provider, and Wells Fargo (NYSE: WFC), a leading financial services company, today announced their collaboration to offer simplified, flexible financing solutions for businesses building out charging infrastructure for EV fleets.

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eSkid charging solution, a rapidly deployable EV charging platform utilizing ChargePoint hardware and software (Photo: Wells Fargo)

Wells Fargo has worked with EnTech Solutions to create a financing program specifically for the eSkid charging solution, a rapidly deployable EV charging platform utilizing ChargePoint hardware and software. The funding provides an affordable financial package with various term options and a simple application process, and it bundles the EnTech Solutions eSkid with ChargePoint chargers, installation, warranty and software.

Installing charging infrastructure can typically be costly and timely, but with EnTech Solutions’ eSkid charging solution and Wells Fargo’s flexible, customizable loan and lease options, businesses across the U.S. can embark on an affordable sustainability journey.

What is an EnTech Solutions’ eSkid Charging Solution?

EnTech Solutions’ eSkid charging solution is a rapidly deployable EV charging station designed to drop in place, allowing businesses to offer charging within days of installation. The eSkid has configurable plates to accommodate different charger orientations — it comes pre-wired for two ChargePoint Express 250 charging stations with the option to have different chargers installed — providing flexible options intended for private use with commercial vehicle fleets and businesses.

What are the benefits?

• Flexible: Charging stations are impermanent and can be relocated as a business grows and evolves, an ideal solution for companies that lease their facility.
• Configurable: The 4’x10’ pad has configurable plates to accommodate different charger orientations that fit best with any business operations.
• Quick to deploy: Pre-configured wiring prior to arrival onsite make commissioning quick and unobtrusive.
• Reduced civil work: The above-ground skid option eliminates the need for a permanent concrete pad, reducing project complexities.
• Custom branding: The eSkid charging solution is a blank canvas and can be branded to suit a business or fleet need.

“EnTech Solutions is pleased to collaborate with Wells Fargo and ChargePoint to easily bring these flexible, configurable EV charging solutions to EV owners and EV fleet managers,” said Wade Leipold, executive vice president with Faith Technologies Incorporated (FTI), the parent brand of EnTech Solutions. “Together, we can contribute to lowering carbon emissions through supporting the growth of electric vehicle utilization.”