• Home
  • News
    • Software
    • Autonomous
    • Battery
    • Charging
    • China
    • Commercial vehicles
    • Concept
    • Green Energy
    • Hybrids
    • Industry
    • Market Outlook
    • Modification
    • Motorcycles
    • Official
    • Politics
    • Rumors
    • Safety
    • Sales
    • Technology
    • Sports
      • Formula E
      • MotoE
      • Rally1
    • Opinions
    • News Releases
  • Brand
    • Audi
    • BMW
    • BYD
    • Chevrolet
    • Chrysler
    • Citroen
    • Dacia
    • Daihatsu
    • Ford
    • Geely
    • Honda
    • Huawei
    • Hyundai
    • Kawasaki
    • KIA
    • Lexus
    • Lotus
    • Lucid
    • Mazda
    • Mercedes-Benz
    • Mitsubishi
    • NIO
    • Nissan
    • Polestar
    • Porsche
    • Renault
    • Rivian
    • Rolls-Royce
    • Sony
    • Subaru
    • Suzuki
    • Tesla
    • Toyota
    • VinFast
    • Volkswagen
    • Volvo
    • Wuling
    • XPeng
  • Events
  • Advertising
  • Contact
EVMagz - Electric Vehicles News
Subscribe
No Result
View All Result
  • Home
  • News
    • Software
    • Autonomous
    • Battery
    • Charging
    • China
    • Commercial vehicles
    • Concept
    • Green Energy
    • Hybrids
    • Industry
    • Market Outlook
    • Modification
    • Motorcycles
    • Official
    • Politics
    • Rumors
    • Safety
    • Sales
    • Technology
    • Sports
      • Formula E
      • MotoE
      • Rally1
    • Opinions
    • News Releases
  • Brand
    • Audi
    • BMW
    • BYD
    • Chevrolet
    • Chrysler
    • Citroen
    • Dacia
    • Daihatsu
    • Ford
    • Geely
    • Honda
    • Huawei
    • Hyundai
    • Kawasaki
    • KIA
    • Lexus
    • Lotus
    • Lucid
    • Mazda
    • Mercedes-Benz
    • Mitsubishi
    • NIO
    • Nissan
    • Polestar
    • Porsche
    • Renault
    • Rivian
    • Rolls-Royce
    • Sony
    • Subaru
    • Suzuki
    • Tesla
    • Toyota
    • VinFast
    • Volkswagen
    • Volvo
    • Wuling
    • XPeng
  • Events
  • Advertising
  • Contact
EVMagz - Electric Vehicles News
Subscribe
No Result
View All Result
EVMagz - Electric Vehicles News
No Result
View All Result

Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

by David Smith
August 25, 2022
in News
Reading Time: 1 min read
A A
0
Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption
Share on FacebookShare on Twitter

Eco-friendly cars are increasingly becoming more and more concentrated on fully electric cars. This has also received support from various parties, including from the banking sector.

Australian banks are encouraging would-be car owners to switch to EVs and at the extreme they refuse to offer loans for the purchase of internal combustion engines after 2025.

Quoted from Fox Bussines, the bank which has 185,000 customers, said it would no longer lend money to people to buy combustion engine cars, trucks and SUVs. They say they don’t want to lock their customers into higher carbon emissions and higher operating costs.

However, the Australian Bank still offers loans for the purchase of used cars with conventional engines. They realized that not everyone could afford a new EV.

“Our announcement today is the start of a conversation with our customers and a signal to the wider market that if you are considering buying a new car. You have to think seriously about electric vehicles, both for their impact on the climate and for their lifespan. cost savings,” said Sasha Courville, Bank Australia chief impact officer

Google News iconFollow EVMagz on Google News
Tags: australiaBank Australiaelectric carelectric vehicleelectric vehiclesspeed
Previous Post

Yamaha E-Vino specifications : Everything you need to know

Next Post

Roam launches first electric bus in Kenya, capable of carrying 90 passengers

David Smith

David Smith

Studied in management. David been covering the electric vehicle scene since 2010 with focus in sports and Europe EV Brand.

Related Posts

23c0041 005 350x250 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Mercedes-Benz Becomes First Carmaker to Bring SAE Level 3 Conditionally Automated Driving to the US in Nevada

by Robin Cannon
January 28, 2023
0

Mercedes-Benz has become the first car manufacturer to bring SAE Level 3 conditionally automated driving to the United States after...

livewire reuters - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Harley-Davidson Confirms Transition to Fully Electric Bikes in Future

by Sibley Presley
January 28, 2023
0

Harley-Davidson, the iconic American motorcycle manufacturer, is in the process of transitioning to become fully electric. This news was confirmed...

Toyota EV Lineup 1 350x250 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Toyota Developing EV-Only Platform to Increase Competitiveness – Report

by James Bryant
January 27, 2023
0

Toyota Motor Corporation is reportedly developing a new EV-only platform to increase the competitiveness and efficiency of its electric vehicles...

Onsemi Partners with Volkswagen to Supply Components for Next Generation Electric Platform 350x250 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Onsemi Partners with Volkswagen to Supply Components for Next-Generation Electric Platform

by Casper Benedict
January 27, 2023
0

US semiconductor manufacturer Onsemi has entered into a strategic partnership with Volkswagen to supply components for a complete traction inverter...

Next Post
Roam launches first electric bus in Kenya, capable of carrying 90 passengers

Roam launches first electric bus in Kenya, capable of carrying 90 passengers

Tesla Semi electric truck 5 75x75 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Tesla unveils new photos of the Tesla Semi electric truck

Honda, LG Energy solution invests $4.4 billion to build EV battery production base in US

Honda, LG Energy solution invests $4.4 billion to build EV battery production base in US

Discussion about this post

Newsletter

Get our daily electric vehicles news straight into your inbox!

  • Trending
  • Comments
  • Latest
Polestar 202 20MY24 20 282 29 120x86 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

2024 Polestar 2 Gets Rear-Wheel-Drive Layout and 395-mile Range

January 25, 2023
Tesla Cybertruck - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Upcoming Tesla Cybertruck Electric Pickup Come With Hardware 4

January 26, 2023
tesla cybertruck windshield patent 120x86 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Tesla Registers Patent for Cybertruck’s Novel Windshield

January 24, 2023
Zeeho AE8 specifications

Zeeho AE8 specifications : Everything you need to know

August 16, 2022
Zeeho AE8 Electric Scooter : Specifications, Range and Prices

Zeeho AE8 Electric Scooter : Specifications, Range, and Price

April 18, 2022
harley davidson livewire - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Harley Davidson and Kymco patnership in the electric motorcycle industry

0
23c0041 005 120x86 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Mercedes-Benz Becomes First Carmaker to Bring SAE Level 3 Conditionally Automated Driving to the US in Nevada

January 28, 2023
Lucid Air Accessories 1 120x86 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Lucid Group’s Shares Surge 43% on Market Speculation of Buyout by Saudi Arabia’s Public Investment Fund

January 28, 2023
Alfa Romeo 120x86 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Alfa Romeo Reveals Plans for Larger Fully Electric Model for US Market, Arriving in 2027

January 28, 2023
livewire reuters - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Harley-Davidson Confirms Transition to Fully Electric Bikes in Future

January 28, 2023
Lucid Motors Opens Combination Studio Delivery and Service Centre in Montreal Quebec 120x86 - Bank Australia will stop giving loans on internal-combustion cars to speed-up EV adoption

Lucid Motors Opens Combination Studio, Delivery, and Service Centre in Montreal, Quebec

January 28, 2023

About

EVMagz was created not only to publish the breaking news of the day about electric vehicles, but to dissect it, promote it, and, most importantly, examine the how, what, and why of electric vehicles.

EVMagz brings together some of the most knowledgeable, well-known insiders, as well as dozens of prominent contributors.

Need Some Helps

  • Home
  • About Us
  • Advertising
  • Support EVMagz
  • Newsletter
  • Privacy Policy
  • Cookie Policy
  • Contact

Browse by Tag

Automotive autonom Autonomous batteries battery BYD charger charging charging station china commercial vehicle company concept electric electric car Electric Truck electric vehicle electric vehicles elon musk Energy europe Fast Charging fleet germany hybrid Hydrogen hyundai Invest lithium Lithium-ion mercedes motorcycle performance platform price range sales software specification specifications supply chain technology tesla truck Volkswagen

Recent Posts

  • Mercedes-Benz Becomes First Carmaker to Bring SAE Level 3 Conditionally Automated Driving to the US in Nevada
  • Lucid Group’s Shares Surge 43% on Market Speculation of Buyout by Saudi Arabia’s Public Investment Fund
  • Alfa Romeo Reveals Plans for Larger Fully Electric Model for US Market, Arriving in 2027
  • Harley-Davidson Confirms Transition to Fully Electric Bikes in Future
  • Lucid Motors Opens Combination Studio, Delivery, and Service Centre in Montreal, Quebec

© 2022 EVMagz - Electric Vehicles magazine by EVmagz.

No Result
View All Result
  • Home
  • News
    • Software
    • Autonomous
    • Battery
    • Charging
    • China
    • Commercial vehicles
    • Concept
    • Green Energy
    • Hybrids
    • Industry
    • Market Outlook
    • Modification
    • Motorcycles
    • Official
    • Politics
    • Rumors
    • Safety
    • Sales
    • Technology
  • Brand
    • Audi
    • BMW
    • BYD
    • Chevrolet
    • Chrysler
    • Citroen
    • Dacia
    • Daihatsu
    • Ford
    • Geely
    • Honda
    • Huawei
    • Hyundai
    • Kawasaki
    • KIA
    • Lexus
    • Lotus
    • Lucid
    • Mazda
    • Mercedes-Benz
    • Mitsubishi
    • NIO
    • Nissan
    • Polestar
    • Porsche
    • Renault
    • Rivian
    • Rolls-Royce
    • Sony
    • Subaru
    • Suzuki
    • Tesla
    • Toyota
    • VinFast
    • Volkswagen
    • Volvo
    • Wuling
    • XPeng
  • Guides
  • Sports
    • Formula E
    • MotoE
    • Rally1
  • Photos
  • Videos

© 2022 EVMagz - Electric Vehicles magazine by EVmagz.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Hey Friend! Get the latest electric vehicles news straight into your inbox!

Don't worry, we don't spam

Close this popup