Australias Green Bank Commits $100 Million to Drive Electric Vehicle Uptake

Australia NewsConsumers who buy an EV will be given a 1 percent loan discount on eligible cars.Illustration by The Epoch Times, ShutterstockMonica O’Shea4/1/2026|Updated: 4/1/20260:00Australia’s Clean Energy Finance Corporation (CEFC) will invest $100 million to encourage  Australians and businesses to switch to electric vehicles (EVs).The push comes as Australia grapples with a significant fuel crisis, with hundred of petrol stations reportedly running out of supplies.