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Bandhan Bank and M&M partner to offer commercial vehicle, equipment financing solutions | Autocar Professional

Baua Electric

Bandhan Bank has inked a Memorandum of Understanding (MoU) with Mahindra & Mahindra (M&M) to provide financing solutions to customers in the commercial vehicle and commercial equipment segments. Mahindra & Mahindra boasts an extensive range of commercial vehicles and equipment, offering products ranging from 3.5

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Mullen secures $150 million financing deal, production Bollinger is a go

Baua Electric

Commercial EV manufacturer Mullen has scored a $150 million capital infusion that will allow it to expand its domestic and international sales efforts – and put Bollinger’s beefy electric trucks into series production. Electrek’s Take Bollinger B1 chassis cab; via Bollinger. FTC: We use income earning auto affiliate links.

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Exide Industries to invest Rs 1,000 crore for lithium-ion cell manufacturing in FY25 | Autocar Professional

Baua Electric

Battery maker Exide Industries Ltd will invest around Rs 1,000 crore in its lithium-ion cell manufacturing and battery pack solutions subsidiary Exide Energy Solutions Ltd during the current financial year, the company’s management said. So far, Exide Industries has invested Rs 2,300 crore in the lithium-ion cells business.

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Wells Fargo to offer financing for EnTech’s eSkid EV fleet charging platform – Charged EVs

Baua Electric

EV charging provider ChargePoint , energy solutions provider EnTech Solutions and bank Wells Fargo are collaborating to offer flexible financing solutions for businesses building charging infrastructure for EV fleets. Potential customers include commercial vehicle fleets and businesses.

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SAIL directors suspended after Lokpal concludes discrepancies in commercial deals – ET Auto

Baua Electric

A Lokpal order from earlier this month found discrepancies in SAIL’s dealings with Venkatesh Infra Projects, and Avon Steel Industries. A company statement said the Steel Ministry suspended V S Chakravarthy, Director (Commercial), and A K Tulsiani, Director (Finance).

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Log9 to revolutionise EV landscape with Amphion and Nexmile launch | Autocar Professional

Baua Electric

With this comprehensive EV asset management, the company aims to address critical challenges faced by the commercial EV industry, including financing, data analytics, charging infrastructure, and energy efficiency. The launch of Nexmile A battery pack specifically designed for commercial EVs, was also announced.

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Decoding how connected vehicles can catalyse safer, sustainable mobility – ET Auto

Baua Electric

These advancements have not only increased the value proposition of connected vehicles as a solution but are slowly fostering a culture of informed driving practices for the commercial vehicle industry at large. In fleet financing, it can overhaul traditional models by harnessing detailed vehicle usage and risk assessment data.

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