- Businesses Accelerate EV and Battery Finance Amid Fuel Volatility
Australian businesses are increasingly treating electrification as a cost-control strategy, not just an environmental decision.
- Federal Budget 2026: Impacts on Electric Vehicle Owners and Charging Infrastructure
The 2026 Federal Budget introduces significant changes affecting electric vehicle (EV) owners and prospective buyers in Australia. A key measure is the gradual reduction of the Fringe Benefits Tax (FBT) exemption for EVs purchased through novated leases.
- New Partnership Offers Affordable Financing for Hyundai and Kia Electric Vehicles
The Clean Energy Finance Corporation (CEFC) has partnered with Hyundai Capital Australia to offer discounted financing options for eligible Hyundai and Kia electric vehicles (EVs).
- Leading Australian Bank Offers Low-Interest Loans for Electric Vehicle Buyers
In a significant move to promote sustainable transportation, a leading Australian bank has introduced low-interest loans specifically tailored for electric vehicle (EV) buyers. This initiative aims to make EV ownership more accessible and affordable, aligning with the growing consumer interest in environmentally friendly transportation options.
- CEFC and Volkswagen Financial Services Partner to Offer Discounted EV Loans
The Clean Energy Finance Corporation (CEFC) has announced a partnership with Volkswagen Financial Services Australia (VWFS) to offer discounted loans for electric vehicle (EV) buyers. This initiative aims to make EV ownership more affordable and accessible for Australian consumers and businesses.
- Janus Electric Secures A$4.5 Million to Advance Zero-Emission Trucking
Janus Electric Holdings Limited, an Australian pioneer in heavy vehicle electrification, has successfully raised A$4.5 million through a private placement.
- Geely Australia Introduces Attractive EOFY Offers on EX5 and Starray EM-i
Geely Australia has unveiled compelling End of Financial Year (EOFY) offers for its electric vehicle lineup, featuring the EX5 Extended Range all-electric SUV and the Starray EM-i Super Hybrid PHEV. These promotions are designed to make electric vehicle ownership more accessible and appealing to Australian consumers.
- Subaru Australia Lowers Prices on Solterra and Trailseeker Electric SUVs
Subaru Australia has announced significant price reductions for its electric SUV models, the Solterra and the yet-to-launch Trailseeker, with cuts of up to $4,000.
- Upcoming Changes to Electric Vehicle Tax Exemptions in Australia
The Australian government has announced a phased reduction of the Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), aiming to save $1.7 billion over four years. This decision comes as the cost of the exemption has significantly exceeded initial forecasts, reaching an estimated $1.
- New Partnership Offers Discounted Loans for Electric Vehicle Buyers
The Clean Energy Finance Corporation (CEFC) has committed $100 million to a partnership with Volkswagen Financial Services Australia (VWFS) to make electric vehicles (EVs) more accessible to Australian consumers and businesses.
- Surge in Electric Vehicle Financing Reflects Growing Australian Market
The Australian Finance Industry Association (AFIA) has reported a significant surge in financing for electric and hybrid vehicles, reaching $7.37 billion in 2025. This represents a 20% increase compared to the previous year, highlighting a robust demand for cleaner transportation options among Australian consumers and businesses.
- 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.
