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• Electric Vehicles Achieve Record Market Share in Australia

  In April 2026, electric vehicles (EVs) reached a significant milestone in Australia, accounting for 16.4% of all new car sales. This translates to approximately one in every six vehicles sold being electric, underscoring the accelerating shift towards sustainable transportation.

• Tesla Model Y Leads Australian Vehicle Sales in April 2026

  April 2026 marked a significant achievement for Tesla, as the Model Y became the best-selling vehicle in Australia for the month. This milestone underscores the increasing consumer preference for electric SUVs and Tesla's strong foothold in the market.

• Electric Vehicle Financing Sees Significant Growth in Australia

  The Australian Finance Industry Association (AFIA) has reported a 48% year-on-year increase in electric vehicle (EV) financing for February 2026, highlighting a robust demand for EVs despite a general downturn in the motor finance market.

• Rising Fuel Prices Spark Increased Interest in Electric Vehicles Across Australia

  As fuel prices continue to climb across Australia, there has been a notable surge in consumer interest and sales of electric vehicles (EVs). Data from early 2026 indicates that Australians are increasingly considering EVs as a cost-effective and sustainable alternative to traditional petrol-powered cars.

• New Partnership Offers Discounted Financing for Hyundai and Kia Electric Vehicles

  The Clean Energy Finance Corporation (CEFC) has announced a partnership with Hyundai Capital Australia (HCAU) to offer discounted financing on eligible Hyundai and Kia electric vehicles (EVs). This initiative aims to reduce the upfront costs associated with EV ownership, making it more accessible for households and small businesses.

• CommBank Sees Record Increase in EV Loan Applications as Fuel Prices Soar

  Commonwealth Bank of Australia (CommBank) has reported a significant surge in electric vehicle (EV) loan applications, with a 161% increase in March compared to February. This spike is largely attributed to escalating fuel prices and growing concerns over energy security.

• MONEYME Reports Record Surge in Electric Vehicle Loan Applications

  Fintech lender MONEYME has reported a record 90% month-on-month increase in electric vehicle (EV) loan applications from February to March 2026. This substantial rise underscores a significant shift in Australian consumer behavior towards EV adoption.

• Australia Sees 120% Increase in Electric Vehicle Sales

  Australia's electric vehicle (EV) market is experiencing unprecedented growth, with sales up by 120% compared to the previous year. According to the Electric Vehicle Council's latest report, EVs now represent 8.4% of new car sales across the country, marking a significant milestone in the nation's transition towards sustainable transportation.

• New Partnership Offers Affordable Electric Vehicle Financing

  The Clean Energy Finance Corporation (CEFC) has announced a significant investment of $100 million in partnership with Volkswagen Financial Services Australia (VWFS) to make electric vehicles (EVs) more accessible to Australian consumers and businesses.

• Rising Fuel Prices Drive Australians Towards Electric Vehicle Loans

  In response to escalating fuel prices and growing concerns over energy security, Commonwealth Bank of Australia (CommBank) has observed a remarkable 161% increase in weekly loan applications for new battery electric vehicles (BEVs) in March compared to February.

• New Partnership Offers Discounted Loans for Hyundai and Kia Electric Vehicles

  The Australian Government's Clean Energy Finance Corporation (CEFC) has announced a partnership with Hyundai Capital Australia to offer discounted financing on eligible Hyundai and Kia electric vehicles (EVs). This initiative aims to reduce the upfront costs associated with EV ownership, making it more accessible for households and small businesses.

• Bank Australia Launches Affordable Loans for Electric Vehicle Buyers

  Bank Australia has introduced a new Electric Vehicle Loan designed to make the purchase of fully electric cars more affordable for Australians. This initiative aligns with the bank's commitment to promoting sustainable transport and reducing carbon emissions.

• Australia's Electric Vehicle Market Set for Significant Growth in 2026

  Australia's electric vehicle (EV) market is on a trajectory to reach 15% of new car sales by the end of 2026, according to recent projections. This anticipated growth is driven by a combination of factors, including aggressive price reductions, an influx of new models, and expanded charging infrastructure.

Read our Articles

• Unlocking Your EV Dreams: A Simple Guide to Loan Eligibility in Australia

  In recent years, Australia has witnessed a significant shift towards eco-friendly transport solutions. Electric vehicles (EVs) are at the forefront of this movement, offering a sustainable alternative to traditional petrol and diesel cars.

• New vs. Used EVs: What Fits Your Sustainable Lifestyle Best?

  Welcome to the world of EVs (electric vehicles), where sustainable living and cutting-edge technology merge seamlessly. As Australia embraces the green movement, more people are considering EVs as their preferred mode of transport.

• Fluids and Filters: What Every EV Owner Needs to Know

  Welcome to the world of EVs, where innovation meets sustainability. In Australia, EVs are gaining popularity as environmentally conscious drivers seek alternatives to traditional gasoline-powered cars. As we aim for a cleaner, greener future, understanding the basics of maintaining these vehicles becomes crucial.