The electric vehicle industry has grown and evolved throughout NYS since NYGB was established in 2013. As stronger policy has been implemented, consumer appetite has grown, and companies have matured, NY Green Bank has kept its finger on the pulse of the market and built relationships with key stakeholders and market participants. We have engaged with over 50 companies in recent years to understand financing needs and barriers present throughout the EV supply chain. We’ve gathered input on the types of creative solutions that can accelerate the deployment of EVs in New York State and have developed gap-filling debt products in response.
Now, we are excited to see the market in a place where it is ready for innovative financing solutions, and we can move from laying the groundwork to closing transactions.
Below are a few examples of NY Green Bank financing solutions.
Please contact us with any questions regarding NY Green Bank.