Electrify America will install EV charging stations at select Bank of America locations across the U.S., marking the first time the company will install chargers at financial institutions.

Approximately 40 EV charging stations with a total of 140 EV chargers will be available for use by the end of 2020 at select Bank of America financial center locations in California, Georgia, Florida, Illinois, Oregon, Washington, Virginia, and Massachusetts, according to the company.

Through Electrify America’s focus on future and present-day electric vehicles, Bank of America customers will be able to access ultra-fast charging systems with the latest charging technology available with a range in power from 150 kilowatt (kW) to 350kW. With an electric vehicle capable of accepting a 350kW charge, EV drivers can add up to 20 miles of range per minute as a result of Electrify America’s ultra-fast chargers technology.

Bank of America is an EV100 member and has also installed EV charging stations at employee offices. Currently the company has more than 100 EV charging ports installed at office locations for employee use with more installations planned in 2020.

Bank of America also provides a reimbursement to employees who choose to purchase or lease an approved electric vehicle.