Green mobility loans
Get a green mobility loan (as from 1.250 €) for your electric / hybrid vehicle, motorbike or other sustainable vehicle | Attention, borrowing money also costs money.
Simulate and request online
Obtain a more attractive rate
Add a charging pole to your loan
The rise of electric vehicles
Electric car sales have been increasing exponentially the last 2 years. In August 2021 hybrid cars accounted for 4.4% of the total passenger car fleet and have well passed the 250,000 mark - about 67% more than in 2020. The number of fully electric cars rose by 70% (40,851). There are several reasons for this rise in electric vehicles (EV's):
- Fossil fuel prices are skyrocketing;
- Governments are pushing for a zero-emission rate;
- Prices of electric cars promise to decrease thanks to more competition, increased production and reduced battery prices;
- The number of charging stations in Belgium is going up rapidly;
- Many companies are now opting for an EV-only fleet.
Next to cars we also see a growing popularity for alternative mobility, such as (e-)steps, (electric) (motor)bikes, segways and more. Especially in cities these mobility solutions are very efficient to get around.
Pro's and cons of electric driving
- No CO2 emissions;
- Quiet and peaceful driving;
- Average range of 331 km for cars and average range between 10 and 160 km for alternative vehicles.
- Lower maintenance costs;
- On average you save more money on the long-term (even with the increased energy prices);
- Fiscal advantage when you purchase a charging station (from 01/09/2021 until 31/08/2024). This can also be included in your green mobility loan;
- For the alternative mobility vehicles there are also several financial advantages;
- Some communes hand out a premium when buying an EV;
- Reduced taxes (vehicle registration tax (BIV) and road taxes). In Flanders you pay no BIV or road taxes at all.
- For each mobility loan a tree is planted (anchor link).
- Initial investment is higher;
- You have to organize yourself and check where to charge when you go on longer trips;
- Availability is often an issue (also with regular cars), but you can of course opt for a second hand option, for which you can also take out a green mobility loan.
A tree is planted with each green mobility loan
Frequently Asked Questions
You can charge your electric car at several businesses, many employers, on the street in many communes, and at quick charge stations which can usually be found on highways. Go over here to find charging stations near you.
Your other alternative mobility vehicles can easily be charged at home or on the go if you have access to a plug.
The energy cost to drive with an electric car varies between around 0 and 20 euros per 100 km, with an average of 7 to 8 euros. If you own enough solar panels (6 to 8) you can use these to charge your vehicle as well. In some cases businesses or employers also offer free charging to you.
For alternative mobility vehicles the price per year is very limited. To give an example, 150 recharges of an e-bike comes down to around 20-25 euros.
To charge your electric car you can use the classic plug at home which should charge it up for driving range of 10 km per hour. Next to the plug you can also opt to install a charging station, which will make the car charge up to 10 to 12 times faster. A solar panel installation is also a good solution: if the installation produces 5,000 kWh per year it can offer you a driving range of about 25,000 kilometers. Finally, you can also choose for one of the public charging locations in your neighbourhood.
For alternative mobility vehicles you can charge it at home with the classic plug or on the go at a public charging point or where you have access to a plug.
Attention, borrowing money also costs money.
*Representative example of an ING Bike Loan (instalment loan for private purposes): for 2,000 euros (average amount granted by ING) and a term of 12 months, an annual percentage rate (APR) of 2.59% (fixed annual interest rate) will apply. This corresponds to a monthly sum of 168.98 euros (or a total of 2,027.76 euros after 12 months). Rate valid on 27/06/2022, subject to change by ING with notice prior to conclusion of the contract.
Illustrative example for an ING Bike Loan (instalment loan for private purposes). Rate valid on 27/06/2022, subject to change with notice prior to conclusion of the agreement. With an instalment loan for private use of 1,300 euros over 24 months with an annual percentage rate (APR) and a fixed debit interest rate of 2.59%, you‘ll pay 55.62 euros per month, totaling 1,334.88 euros.
The amount that you are likely to be able to borrow, as stated in the advertising message, is communicated for information purposes only. Neither the granting of the loan nor the aforementioned amount are guaranteed by ING Belgium. To determine the amount thus simulated, we took into account a set of data currently known to ING, in particular: your financial situation (i.e. your income and any extra-legal benefits as well as your expenses on your ING accounts as well as your savings, loans and investments with ING), your personal and family situation known to ING (in particular, your age, your personal status, your dependents) and the fact of exercise an independent activity. On the other hand, it is not required to provide the following information (which will be requested and/or verified in the event of a credit application on your part), in particular: your professional situation, the type of residence you occupy, other expenses or income not known to ING or futures, your savings and investments with ING, as well as credit data with third parties consulted with the National Bank of Belgium.
This advertising message, which concerns an installment loan for private purposes subject to consumer credit legislation, does not constitute an offer of credit. It is intended exclusively for natural persons of legal age and any request for credit is made subject to prior acceptance of your file by ING Belgium and mutual agreement. The general conditions and rates for this loan are available from all ING branches and can be consulted on www.ing.be (section 'Rates and regulations'). Your request and the possible approval of your request by ING (after examination of your file by ING) in a branch or through the 'Consumer Loans Online' service on www.ing.be, do not commit either ING or yourself. , as long as you have not signed a credit agreement at your ING branch or, in the case of an online request, as long as you have not returned the signed credit agreement (after prior approval of your file by ING) to ING, where it is checked beforehand whether the data provided in the request are accurate and complete (among other things, on the basis of the documents submitted or to be submitted).