New Partnership Offers Affordable Financing for Hyundai and Kia Electric Vehicles
CEFC and Hyundai Capital Australia Collaborate to Lower EV Ownership Costs
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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).
This initiative aims to make EV ownership more accessible by reducing the financial barriers associated with purchasing new, fully electric vehicles priced below the luxury car tax threshold of $91,387.
Under this program, eligible customers can benefit from interest rate reductions ranging from 0.5% to 1.0% on their vehicle loans. For instance, a 1.0% discount on a $70,000 loan over five years could result in savings exceeding $1,900 in interest costs. This collaboration underscores a concerted effort to promote sustainable transportation solutions and support Australia's transition to a low-emission future.
In 2025, Australia witnessed a record addition of 156,000 EVs to its roads, with December alone accounting for a 16.7% market share in new car sales. The partnership between CEFC and Hyundai Capital Australia is poised to further accelerate this trend by making EVs more financially attainable for households and small businesses.
For prospective buyers, this initiative not only offers immediate financial relief but also aligns with the broader goal of reducing transport-related emissions. By choosing an electric vehicle, consumers contribute to a cleaner environment while enjoying the benefits of lower running costs and advanced vehicle technology.
To take advantage of this offer, interested individuals should consult with Hyundai and Kia dealerships to determine their eligibility and explore the range of EV models available under this program. As the automotive industry continues to evolve, such partnerships play a pivotal role in shaping a sustainable and economically viable future for Australian motorists.
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