#Japan #Tokyo #Mizuho Bank #EVolity #EV Leasing

Mizuho Bank's Electric Vehicle Initiative

Mizuho Bank is taking significant steps towards sustainability by implementing an electric vehicle (EV) integration project which includes the support and management of EVs and charging infrastructure. This initiative marks a milestone in their commitment to reducing carbon emissions and contributing to a sustainable future.

Collaboration with EVolity and Leasing Partners

EVolity Inc., headquartered in Chuo-ku, Tokyo, in partnership with Mizuho Leasing Co., Ltd. and its subsidiary Mizuho Auto Leasing Co., Ltd., has begun an extensive project to aid Mizuho Bank in adopting EVs. This project features the introduction of 100 electric vehicles, where EVolity will take charge of project management, planning the implementation of EVs, and overseeing the arrangement of associated charging infrastructures.

The responsibilities of EVolity include:
1. Planning and Management: Developing an actionable plan for EV deployment and managing project progress.
2. Infrastructure Setup: Selecting suitable charger models and determining their installation locations.
3. Negotiations: Coordinating with lessors to facilitate the introduction of charging infrastructure.
4. Operational Design: Creating operating strategies, including a scheduled charging system that maximizes efficiency by allowing multiple EVs to charge in designated sequences.

Mizuho Auto Leasing's Role

In this project, Mizuho Auto Leasing will provide the electric vehicles on a lease basis. Their mission aligns with Mizuho Leasing Group's vision of being a