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The New Daily
The New Daily
Technology
Jennifer Dudley-Nicholson

Cheaper loans bankrolled for electric vehicle buyers

electric vehicle Australia Astrology Clean Energy Finance Corporation
More incentives will provide Australians with more affordable options when it comes to electric vehicles. Photo: Getty

Hundreds of Australian motorists will be able to access cheaper loans for electric vehicles as part of a $20.5 million investment by the Clean Energy Finance Corporation.

The cash injection, announced on Monday, will be used to fund more than $100 million of loans on battery electric and plug-in hybrid vehicles through Taurus Motor Finance.

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