The Truth About Cars

APRIL 11, 2025

From CarsDirect : Just as before, Stellantis Financing continues to offer a special financing rate of 1.9% percent] APR financing for 72 months could make the 2025 Dodge Charger Daytona EV a more appealing option to purchase than before. The first one includes 0 [percent] APR financing for 72 months plus $3,000 in bonus cash.

Dodge 97

Dodge Financing Dealers Affordable 97

Green Car Congress

SEPTEMBER 20, 2011

CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Kwan, venture partner, Oak Investment Partners; Richard Nilsson, senior analyst, Foundation Asset Management; and Robert C. Purcell, Jr., Earlier post.).

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Boston Li-ion China Lithium Ion 199

Green Car Congress

MAY 22, 2013

The Department first offered loans to Tesla and other auto manufacturers in June 2009, when car companies couldn’t get other financing and many people questioned whether the industry would survive. This is another important contribution to what the Obama Administration has done to preserve and promote America’s auto industry.

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Tesla Congress Obama 2003 334

Green Car Congress

JULY 8, 2010

The sale better enables Nexteer to take advantage of anticipated growth in the global auto industry with a variety of automakers. E-Town is a state-owned enterprise serving as the financing and investing arm of the Beijing Municipal Government with a focus on investing in global technology companies.

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GM Sale Motors Motoring 186

Green Car Congress

APRIL 27, 2022

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

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Lithium Ion Li-ion Commercial Gas 284

Green Car Congress

JUNE 2, 2020

DiDi also plans to further deepen cooperation with global upstream and downstream auto industry partners towards mass production of autonomous driving vehicles, with the aim of advancing the transformation of the global automotive and transportation industries.

Fleet 221

Fleet China Auto Industry Financing 221

Green Car Congress

SEPTEMBER 29, 2021

We will use the profits from this business to finance the development and industrialization of the new products, gradually making ourselves independent of the traditional internal combustion engine. thyssenkrupp is one of the leading suppliers and engineering partners to the international auto industry.

International 221

International Auto Industry Manufacturer Engine 221

Green Car Congress

AUGUST 26, 2016

In a new report for clients, Bloomberg New Energy Finance (BNEF) forecasts that there will be 29 GWh of used EV batteries coming out of cars in 2025. The auto industry is divided on the issue. This far exceeds the size of the current stationary storage market.

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Battery Batteries Auto Industry Financing 150

Teslarati

MAY 11, 2024

On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99 percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. Tesla has also launched a number of buying incentives in recent months, and especially leading up to the end of Q1.

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North America Tesla New York City Tax Credit 144

Green Car Congress

APRIL 3, 2014

The US auto industry has evolved since the ATVM Program was established and today we are presented with an opportunity to hit the accelerator on US auto manufacturing growth. The LPO made a total of 5 awards; the other four were: $529 million to Fisker (discontinued). 5.907 billion to Ford (closed). —Secretary Moniz.

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Manufacturer Vehicles Fisker Auto Industry 199

Green Car Congress

MAY 27, 2019

Groupe Renault also has a well-established and profitable financing business (RCI Banque). FCA also said that the case for combination is strengthened by the need to take bold decisions to capture at scale the opportunities created by the transformation of the auto industry in areas like connectivity, electrification and autonomous driving.

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North America America 2018 Russia 286

Green Car Congress

JANUARY 29, 2019

Jingju is a key component of a DiDi-BAIC strategic partnership formed in a growing alliance between DiDi and auto-industry players. DiDi started partnership programs with automakers and fleet operators in 2016, and launched the DiDi Auto Alliance, an industry-chain partnership network in April 2018.

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Transportation Connect Connected China 236

Green Car Reports

JUNE 10, 2020

Although the cheap low-interest or no-interest financing deals for new vehicles have mostly gone away, as the auto industry recalibrates supply to a new coronavirus-recovery norm for demand, many of them are still good through June in the green-car sector—leading to some standout deals for electric cars, plug-in hybrids, and hybrid vehicles. (..)

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Plug-in Hybrid Plug Electric Cars 115

Green Car Congress

NOVEMBER 21, 2017

The €600-million (US$704-million) bond will be used to fund the acquisition of new retail finance contracts and beneficial interests in lease contracts for Toyota and Lexus vehicles that meet specific clean air criteria, including powertrain, fuel efficiency and emissions.

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Green Toyota Lexus Prius 150

Green Car Congress

MAY 4, 2009

Seventy percent of the 203,000 bookings were financed, while 30% of the applicants booked in cash by paying fully. About 4,000 cash bookings were made online through www.tatanano.com, a first for the auto industry in India.

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2009 Auto Industry Financing India 150

Green Car Congress

MARCH 13, 2009

Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. year financing under the Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing Incentive Program (ATVMIP). million in 2007.

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Li-ion 2008 Lithium Ion 2007 150

Green Car Congress

MARCH 30, 2009

Members of the Presidential Task Force on the Auto Industry will work with GM on the new, more stringent, plan, the President said, who also noted the resignation of GM CEO Rick Wagoner as an outcome of the process. am confident that GM can rise again, providing that it undergoes a fundamental restructuring. ”. Earlier post.).

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Obama Chrysler GM Congress 150

Green Car Congress

MAY 29, 2014

Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. Assessment of creative vehicle financing innovations. Provide consumer incentives to enhance the ZEV ownership experience.

Plug-in 244

Plug-in Rhode Island Hydrogen Fleet 244

Revenge of the Electric Car

JANUARY 27, 2010

. “Better Place, an infrastructure provider for electric cars founded by former SAP <SAPG.DE> executive Shai Agassi, has raised $350 million in fresh equity as part of a second round of financing.

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Financing Concept International Auto Industry 124

Green Car Congress

AUGUST 10, 2009

The initiative will account for 5% of the automobile market, which is in accordance with China’s three-year development plan for the auto industry, released in February. These hybrid power buses are part of China’s initiative to produce 500,000 electric and hybrid power vehicles.

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Hybrid Auto MPG Auto Industry 150

Teslarati

DECEMBER 1, 2021

During discussions, Tesla’s Global VP revealed that Giga Shanghai has achieved high production efficiency and aims to reach an annual output of 500,000 vehicles by the end of the year, as per a report from Sina Finance. . The company surpassed its 2020 guidance last quarter. ” .

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Tesla China Supplies Global 145

Green Car Congress

AUGUST 1, 2019

the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, announced $25 million in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital. Recogni Inc. ,

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BMW San Jose Companies Toyota 150

Teslarati

JUNE 18, 2024

In a press release, the EV maker noted that it was in advanced discussions with financial stakeholders about debtor-in-possession financing and the potential sale of its assets. The filing was submitted to the District of Delaware on June 17, 2024. Its liabilities, on the other hand, are estimated to be between $100 million and $500 million.

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Fisker Delaware Auto Industry Financing 125

Green Car Congress

FEBRUARY 5, 2013

Opportunities for the UK to take a leading role in low carbon technologies will be looked at as part of our auto industrial strategy, published later this year. Phase 1 of the project estimated the total finance needed to be around £400 million (US$630 million) to 2030. —Business Minister Michael Fallon.

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Hydrogen Sale Vehicles Power 252

Green Car Congress

MARCH 14, 2009

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Other key actions for lenders to take include: Provide Affordable Financing: The interest rate on loans to finance consolidation efforts should be set at lower lending rates. Laura Marcero.

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Grant Supplies Auto Industry Industry 150

Green Car Congress

DECEMBER 19, 2014

Previously, he spent 20 years in business and the auto industry in various senior executive positions researching and analyzing consumer behavior, including at the Federal Reserve, J.D. Ballew most recently was global chief data, insights and analytics officer at Dun and Bradstreet. Power and General Motors.

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Ford Connect Connected Global 268

Teslarati

MARCH 25, 2024

There was a time when BYD’s sustainable vehicle efforts were seemingly brushed aside by industry leaders like Tesla CEO Elon Musk. That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry.

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BYD Energy Production Vehicles 132

Teslarati

JULY 29, 2022

Micheal is a bit of a renaissance man; author, movie producer, and self-described preacher of the gospel of the longboard, Daniel is a vacation property owner in the Caribbean, Lauren is a successful MBA who has worked in a series of startups, and Shine is a recent US immigrant from Ghana who works in finance for startup businesses.

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Aptera Ghana Dodge Personal 140

Teslarati

APRIL 4, 2022

Rosner also pointed out that Tesla’s year-over-year growth was notable, given that the global auto industry is down on a year-over-year basis. “So the last week of the quarter where they usually cram all these local deliveries, you know, to try to make numbers. And so this has been a critical week. They were shut down.

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Supplies Tesla Austin Texas 137

Green Car Congress

JULY 6, 2017

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). We see a momentous inflection point for the global auto industry in the second half of the 2020s.

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PHEV Sale Lithium Ion Cars 170

Green Car Congress

SEPTEMBER 23, 2013

The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new auto industry jobs in the United States. VPG stopped production of the vans when its finances dipped below the minimum required as a condition of the DOE loan. Earlier post.)

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Fisker Karma Market United States 218

Green Car Congress

JULY 4, 2009

We have rock-solid finances. However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. And the auto industry doesn’t hold back on announcements. We have nine strong brands that work well together. We are witnessing an electro-hype.

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2013 Companies Gas-Electric Recharge 150

Green Car Congress

FEBRUARY 3, 2009

provide home wiring service at low/no-cost or financed thru low monthly utility bill); Provide free charging or compelling low-cost EV rates (3-4 cents/kWh); Provide “green” electricity options; Commit/fund commercial fleet purchases (25 high-profile vehicles). Earlier post.). Ed Peper, GM North America vice president, Chevrolet.

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Plug-in GM San Francisco Plug 150

Revenge of the Electric Car

JUNE 1, 2010

Buyers of electric vehicles will receive up to 60,000 yuan ($8,800), and buyers of certain gasoline-electric hybrids as much as 50,000 yuan, under the two-year program set to start this year in five cities—Shanghai, Hangzhou, Changchun, Shenzhen and Hefei—the ministry of finance said Tuesday. Japan and Europe.

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E6 BYD China Nissan 124

Green Car Congress

FEBRUARY 3, 2015

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

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2015 Light Global Market 150

Revenge of the Electric Car

OCTOBER 24, 2011

Below is an interview with Director Chris Paine and Journalist Robert Steadman with UK-based Blue and Green Tomorrow : ROB: Was it difficult to gain behind the scenes access to the auto industry after the first film? We knew we were vulnerable to car industry PR efforts and they knew they couldn't control what we did editorially.

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Conversion Auto Industry Plug-in Climate Change 100

Teslarati

NOVEMBER 16, 2022

In an interview with Yahoo Finance , the Polestar CEO stated that the company is on track to produce 50,000 units this year, spurred on by help from Volvo and Geely, Polestar’s parent companies. Polestar CEO Thomas Ingenlath has stated that Polestar is on track to produce 50,000 units this year.

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Production Volvo SUV Auto Industry 100