The Public EV Charging Infrastructure Loans programme aims to accelerate the installation of public EV charge points to support the Government’s target of 10,000 public EV charge points by 2030, by offering concessionary loans from a total pool of around $66.1 million.
NIFF is partnering with ChargeNet and Meridian to deliver more than 2,500 EV chargers through $52.7 million in zero-interest loans from the Government and co-investment from ChargeNet and Meridian.
Announcement of the contracts awarded were made on 23 Mar 2026.
Click here for the announcement press release.
The programme has the following objectives:
- Invest ahead of demand and commercial provision by supporting sites that are close to being commercially viable but unlikely to proceed in the short- to medium-term without a degree of government assistance.
- Maximise private sector investment, with the default approach that any Crown capital is recycled over time.
- Take a technology- and market-neutral approach, given there will be changes to battery and charger technology over time, and potential changes to the market providers of charging infrastructure.
Cabinet has tasked National Infrastructure Funding and Financing with administering the Public EV Charging Infrastructure Loan programme following the company’s previous successful roll out of the Ultra-Fast Broadband programme, the largest co-funded public-private infrastructure initiative in New Zealand.
EECA is providing ongoing technical support for the programme.
Useful links:
Accelerating the roll-out of public EV chargers