JET Charge launches $24.9 million subsidised EV charging initiative for business fleets

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Melbourne EV charging company, JET Charge has just launched a $24.9 million ‘Charging as a Service’ (CaaS) project to make it easier for business fleets to switch to EVs.

This follows a successful $25 million Series B raise back in 2022, which was led by the RACV with participation from the Clean Energy Finance Corporation (CEFC), Claremont Capital and others.

The idea behind the project is to offer businesses this new CaaS model, in which JET Charge both installs and maintains the EV chargers for a business. This can be both on-site and at the homes of employees, and it will include any repairs and ongoing reporting necessary.

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