Discover, learn & drive an EV

Thinking about making the switch to an EV? Your journey starts here.

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New Vehicle Efficiency Standards

The main barrier to increasing EV adoption in Australia has been the limited supply of EVs entering our market. While hundreds of EV models are available overseas, only a fraction make it to Australia. This is changing with the introduction of Australia’s New Vehicle Efficiency Standard (NVES), set to start in 2025.

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What incentives are available when purchasing an EV?

Wondering which incentives are available to help with purchasing an electric vehicle? Currently, each Australian State and Territory has its own set of policies with different features and eligibility rules, making it challenging to understand.

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List of EVs available in Australia

Find out the what EVs are available with approximate estimates on availability and starting price. You are advised to speak to the manufacturer or their appointed representative to confirm details with respect to vehicles.

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Lifecycle emissions calculator

Transport accounts for 19% of Australia’s carbon emissions. A comparison of lifecycle emissions between BEVs and ICE vehicles in Australia helps provide information that informs your decision.

Compare emissions

Australian Electric Vehicle Industry Recap 2023

The Electric Vehicle Council has compiled an overview of the major electric vehicle (EV) moments for 2023, including EV market highlights, charging infrastructure progress, and policy achievements. This report also includes highlights of some of the key activities of the EV Council over the course of 2023.

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How much does it cost to run an electric vehicle?

Use CommBank’s comparison tool to see estimated running costs, emissions and vehicle prices of an EV compared to a petrol, diesel or hybrid vehicle.

Compare EV running cost

Discover an EV

Why choose EV as your next vehicle?

Lower ongoing running costs

You could benefit from an estimated annual saving of $1.3k to $1.7k from the lower operational costs of running an EV.⁴

More accessible and affordable

There are models you can now purchase for less than $50,000^{^}, which means you can go electric for less than $176 per week ^#. Government rebates are becoming more common ⁴, and home charging units are getting faster and smarter ^*.

Charging infrastructure is rapidly developing

There are more than 2300 charging sites nationwide⁵, and Australian states and territories have committed over $200m to roll out additional charging sites across Australia.⁴

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The electric car discount

Did you know you could potentially own an EV for the same cost as a petrol model? The Australian Government has introduced an electric car discount program to bring down the costs of electric vehicles.

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EV battery reuse and recycling

EVC has teamed up with the Association for the Battery Recycling Industry (ABRI) to develop an explainer exploring the rapidly evolving landscape of EV battery reuse and recycling in Australia.

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A-Z of EV charging

The Electric Vehicle Council's guide to EV charging explains different charging levels, from slower home-based charging to fast public options. The guide is a helpful resource for understanding how to charge electric vehicles effectively.

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Shop with confidence

You could apply for conditional approval for a CommBank car loan today.

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To find out about Car and Equipment finance for your business, express your interest now

Thinking about a charging station?

Relax. We’ve got you covered with our special charging offers. Stay powered up and worry-free wherever you go!

Our EV charging partners

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EV finance

Go electric and plug into our lowest rate. Why choose CommBank for your next EV?

Get our lowest rate

Receive our lowest rate of 6.19% p.a. (7.61% p.a. comparison rate) to support your electric vehicle transition.

Cover all your upfront costs

A CommBank electric vehicle loan will cover all your needs, from the vehicle to the charging station and batteries.

Quick and easy application

Complete the online application in about 15 minutes, and get a response in as little as 60 seconds.

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CommBank EV Access Program

Get a special rate of 5.49% p.a. (comparison rate 6.92% p.a.) on a Secured Personal Loan which includes an energy-efficient discount, plus unique discounts on selected electric vehicles

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