2017-06-01 12:32:58 EDT
U.S. Bank’s Voyager Network Fleet Card Covers Electric Car Charging

U.S. Bank said on Wednesday that it is teaming up with ChargePoint, the world’s largest electric vehicle (EV) charging network, to offer Voyager Network Fleet Card acceptance at tens of thousands of ChargePoint charging ports throughout the U.S.

Beginning this summer, public buses, delivery trucks and other corporate fleets will have the opportunity to reduce their environmental footprint more than ever before, the bank said. ChargePoint will begin equipping its locations for acceptance immediately and expects the process to be completed over the summer.

ChargePoint is the first EV charging network to accept corporate fleet cards, and Voyager is the first fleet card issuer to be accepted at their charging spots, U.S. bank said.

This first-of-its-kind relationship in the fleet industry is timely, as electric car fleets are expected to reach 20 million by 2020 globally,” it said.

The Voyager Network, owned and operated by U.S. Bank, is one of the largest fleet-fueling and maintenance acceptance networks in the U.S. The Voyager Fleet Card is accepted at more than 320,000 fueling, maintenance and service locations and used by millions of drivers of fleet cars, trucks and heavy-duty commercial rigs, according to the bank.

ChargePoint has a network of more than 34,500 independently owned charging spots and more than 7,000 customers (businesses, cities, agencies and service providers).

Minneapolis-based U.S. Bancorp., with $450 billion in assets as of March 31, 2017, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the U.S.

–Edgar Ang, eang@opisnet.com

Copyright, Oil Price Information Service

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