Federal Government Partners with Hyundai to Offer Lower Interest for EV Purchases

Federal Government partners with Hyundai and Kia to offer discounted loans on electric vehicles

The federal government's Clean Energy Finance Corporation is committing up to $60 million to help reduce the cost of Hyundai and Kia EVs. The post Federal Government partners with Hyundai and Kia to offer discounted loans on electric vehicles first appeared on WhichCar.

Federal Government partners with Hyundai to offer lower interest for EV purchases

The Federal Government has moved to help EV owners with cheaper finance. Photo: File. The Clean Energy Finance Corporation (CEFC) has committed up to $60 million to help reduce the upfront cost of electric vehicle ownership. The CEFC has partnered with Hyundai Capital Australia (HCAU) to offer discounted finance on eligible Hyundai and Kia electric vehicles. The investment with Hyundai’s finance arm aims to make the transition towards cleaner tr…

Federal subsidy to lower interest rates on new EVs

Image: myphotobank.com.au/stock.adobe.comThe Federal Government is pushing to lessen the costs of electric vehicles (EVs) in Australia through a new partnership with Hyundai Capital Australia (HCAU). Up to $60 million has been […] The post Federal subsidy to lower interest rates on new EVs appeared first on Energy Magazine.