Australian Government announces credit line to boost used electric-car market

Car dealerships will have access to a new credit line to source electric vehicles, thanks to a new funding package from the Federal Government.


The Australian Government has announced a $76 million funding package it says will improve the supply of electric cars for buyers.

An investment of $50 million will be made available to car dealerships, providing them with a credit line to purchase stock of electric cars for their forecourts.

The short-term dealer finance is…

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