Remove Affordable Remove Africa Remove Cost Of Remove Financing
article thumbnail

Bharat Forge’s Amit Kalyani on what’s wrong with India’s EV model and whether green hydrogen is the silver bullet – ET Auto

Baua Electric

He highlighted that the higher price tag of EVs is largely down to the cost of the batteries and having an alternative model will have a significant impact on sales of the more environmentally-friendly mode of transport. “India has significant financing needs. “India has significant financing needs.

article thumbnail

Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

To make matters worse, even vehicle finance rates are at their peak at 9.5%. India’s affluence is as good as Europe, and also, her people could be as deprived as someone in Africa.” One cannot link disposable incomes and affordability to the fall in the hatchback segment’s contribution, he said. “It lakh to Rs 8.2

Suzuki 52
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

They will create an EV climate loan and lending platform that saves most drivers more than $200 per month on an electric car loan by incorporating thousands of dollars in EV rebates and incentives into the upfront financing of each car. the cost of energy storage?by Innovasion Labs PINC, Inc. is developing a?rechargeable technology?that

Clean 371
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. Tesla is also readying the Model X, a more affordable crossover for launch by the end of 2014. Tesla Motors will have a bumpy year.

2014 346
article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

Africa 221
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. we could not afford to do anything like this."

BYD 62