Where we invest

Electric vehicles

Transport is on track to be Australia’s largest emitting sector by 2030, highlighting the critical importance of improvements to the affordability of electric vehicles as part of the decarbonisation agenda.

Emissions from cars and light commercial vehicles are projected to increase as the population and economy grow. The CEFC is working across the economy to accelerate investment in measures to reduce transport-related emissions, including mode switching from road to rail, the electrification of urban transport, charging infrastructure and finance for fleet and residential electric vehicles. Through the Clean Energy Innovation Fund, we are also financing startup companies targeting transport emissions.

Australian EV power-up gathers pace

The uptake of electric vehicles in Australia is accelerating. A CEFC and KangaNews roundtable discusses the detail on infrastructure and financing.

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Delivering freight decarbonisation

The opportunities to reduce emissions from road freight are the focus of a Climateworks Centre report that provides solutions to help Australia reach its emissions targets.

Read the report

Financing EV fleet transitions

CEFC Executive Director Richard Lovell outlines trends driving decarbonisation in fleet vehicles in an interview with Fleet News Group.

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Watch

Electric buses hit Sydney's streets

Australia’s first electrified bus fleet is transforming journeys across Sydney, using solar power generated from depot panels to charge buses overnight. A 40-strong electric fleet is servicing public bus routes in the city’s Inner West, CBD, Mascot and Green Square. With thanks to ARENA for the video.

Case study

Team Global Express accelerates fleet electrification

As a key industry player in this sector, the leadership demonstrated by Team Global Express to decarbonise its business has the potential to significantly accelerate the uptake of electric trucks in Australia, setting an example for other freight, logistics and fleet businesses to support the take up of battery electric vehicles.
Rory Lonergan
CIO - Infrastructure and Alternatives, CEFC

Angle Auto Finance revs up EV availability

We’ve already had considerable success in providing wholesale floorplan finance to importers of EVs. This facility provides us with the ability to further support the sector, including competitive retail finance for buyers.
Aaron Baxter
CEO, Angle Auto Finance

Splend fast tracks EV rideshare numbers to drive decarbonisation

Splend’s vision is to lead rideshare to a more sustainable future and deliver more affordable vehicle subscriptions to on-demand drivers. We are delighted to work alongside CEFC as we work to achieve our global fleet target of 10,000 EVs by 2024.
Chris King
CEO, Splend

Firstmac Clean Green car loans drive electric vehicle uptake

These popular loans are a valuable tool in the fight to cut vehicle-based emissions, because they mean that people can save money and help the environment at the same time.
Kim Cannon
Managing Director, Firstmac

JET Charge gets smart with electric vehicles

JET Charge is in a unique position to ensure that Australia and New Zealand are ready for the mass adoption of EVs. We have grown from a business that digs trenches and installs cables, to become the market leader in EV charging infrastructure and technology, and a company that is shaping the industry by solving challenges for business, governments and EV owners.
Tim Washington
Co-founder and CEO, JET Charge