The initiative enables eligible customers purchasing new Hyundai and Kia battery EVs to access interest rate reductions of 0.5 to 1.0 percentage points on vehicle loans.
The analysis was produced by Field Dynamics with data from Zapmap.
The Australian Renewable Energy Agency (ARENA) has supported Amber Electric’s installation of the first residential vehicle-to-grid charger in Australia, marking the beginning of a 50-unit trial.
BYD has agreed to provide warranty coverage for 50 EVs participating in Amber Electric’s ARENA-funded vehicle-to-grid trial in Australia.
Australia’s EV charging infrastructure continues expansion in 2025, with fast-charging locations reaching 1,272 sites nationwide and over 800 high-powered charging plugs added.
Nigel Morris, chief strategy officer at the Smart Energy Council, positions vehicle-to-grid technology as the transformative solution that could leverage Australia’s growing EV fleet for grid stabilisation.
Horizon Power will use the findings to develop new products that expand the utility of EVs beyond transportation.
The developments demonstrate strong collaboration between government, utilities and private sector stakeholders in advancing Australia’s electric mobility transition.
AGL’s announcement comes just days after Origin Energy, Australia’s largest energy retailer, revealed its own V2G trial.
The V2G trial is set to commence at the start of next year.
