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flag Australia launches $150M loan scheme to make electric vehicles more affordable for essential workers.

flag The Australian government is introducing a $150 million loan scheme to make electric vehicles (EVs) more affordable for essential workers and those earning under $100,000 annually. flag The low-interest loans, offered through the Commonwealth Bank, can cover new and used EVs up to $55,000 and home charging equipment, potentially saving buyers over $8,000 on a $40,000 loan over seven years. flag This initiative aims to boost EV sales and support the transition to cleaner energy.

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