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Australia's EV Financing Hits $7.37 Billion in 2025

Potential Policy Changes Pose Challenges to Sustained Growth

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In 2025, Australia's electric and hybrid vehicle financing reached a remarkable $7.37 billion, marking a 20% increase from the previous year.

This surge reflects the growing consumer shift towards cleaner transportation options.

However, the potential removal of the Fringe Benefits Tax (FBT) exemption, known as the Electric Car Discount, threatens to stall this momentum.

Recent polling indicates that over one-third of Australians would be less inclined to purchase an electric vehicle if this exemption were withdrawn.

As the nation strives to reduce emissions from the transport sector, maintaining supportive policies is crucial to sustaining the adoption of electric vehicles.

Published:Saturday, 18th Apr 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

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Finance News

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Australia's EV Financing Hits $7.37 Billion in 2025

18 Apr 2026: Paige Estritori

In 2025, Australia's electric and hybrid vehicle financing reached a remarkable $7.37 billion, marking a 20% increase from the previous year. This surge reflects the growing consumer shift towards cleaner transportation options. However, the potential removal of the Fringe Benefits Tax (FBT) exemption, known as the Electric Car Discount, threatens to stall this momentum. Recent polling indicates that over one-third of Australians would be less inclined to purchase an electric vehicle if this exemption were withdrawn. - read more

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Australia's EV Financing Hits $7.37 Billion in 2025

Potential Policy Changes Pose Challenges to Sustained Growth

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