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

Putting essential workers in the EV driving seat

Many Australians are open to buying an EV but are put off by the upfront cost. Our new EV Access Program is designed to provide customers with special offers on vehicles and a discounted interest rate for the life of the loan.
Joel Larsen
General Manager Personal Lending, CBA

Ampol accelerates future fuels push

By harnessing Ampol’s extensive critical infrastructure, including service stations, liquid fuel storage and distribution, as well as its supply chain connections to the marine, agriculture, mining and aviation sectors, this investment will demonstrate how fuel companies can be a part of the solution to the transport emissions challenge.
Ian Learmonth
CEO, CEFC

Splend fast tracks EV rideshare numbers to drive decarbonisation

This investment supercharges our mission to revolutionise the way people own and operate EVs, starting with rideshare. We're growing our EV fleet and accelerating Australia's transition to sustainable transport.
Chris King
CEO, Splend

MetroEco loans drive savings for SMEs

Australia’s estimated 2.4 million SMEs account for up to 98 per cent of Australian businesses and are in many ways the backbone of our economy. This investment is about ensuring this dynamic and vital part of our economy can benefit from the clean energy transition, with lower energy use, lower energy costs and a smaller carbon footprint.
Ian Learmonth
CEO, CEFC

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