Discount loans to drive down the price of electric cars

Discount loans to drive down the price of electric cars

Finance on electric vehicles from two big brands will be subsidised by the government under a plan to cut the cost of low-emission cars.

Government spends $60 million to help with discounted EV loans

Consumers will receive cheaper financing on some of Australia’s most popular electric vehicles under a deal struck by the Clean Energy Finance Corporation.

CEFC backs cheaper Hyundai, Kia EV loans with AUD $60m

CEFC commits up to AUD $60m so Hyundai Capital can cut loan rates on cheaper Hyundai and Kia EVs, targeting households and small firms.

CEFC provides $60m to help Hyundai and Kia offer discounted financing to EV buyers

CEFC to provide $60 million to help South Korea car maker offer discounted finance on EVs made by Hyundai and Kia. The post CEFC provides $60m to help Hyundai and Kia offer discounted financing to EV buyers appeared first on The Driven.

Hyundai Capital Australia and CEFC Support EV Adoption in Australia

SEOUL, South Korea, Feb. 2, 2026 /PRNewswire/ -- Hyundai Capital Services today announced that its Australian subsidiary, Hyundai Capital Australia Pty Ltd