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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

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Bank of America introduces residential EV charger financing

Teslarati

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. I’d love to hear from you!

Financing 145
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Amazon's Car-Buying Pilot Doesn't Save You From The Dealer Finance Office

InsideEVs

Amazon wants to disrupt car buying. But its pilot program still requires you to visit a dealer to sign all of the paperwork.

Dealers 78
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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

Davis 290
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Ford launches zero-interest financing for Mach-E and F-150 Lightning

Teslarati

Ford has launched a handful of new promotional offers on its Mustang Mach-E and F-150 Lightning electric vehicles (EVs), including temporary zero-interest financing, cash bonuses, and more leasing options. Ford wants more dealers involved in EV sales What are your thoughts?

F-150 125
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Ford introduces F-150 Lightning Pro electric pickup targeted at commercial customers

Green Car Congress

The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. Commercial customers track their business expenses closely—they buy what they need and not a penny more.

F-150 418
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EPA awards $5M to the Southern Alliance for Clean Energy (SACE) for cleaner big rigs

Green Car Congress

The US Environmental Protection Agency (EPA) has awarded $5 million to the Southern Alliance for Clean Energy (SACE) to help Southern truckers and small businesses to buy cleaner big rigs. The Clean Trucks Make Cents program will finance up to 100% of the purchase or lease of a pre-2007 tractor-trailer.

Cleaner 186