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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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AeroVironment EV dealer program bundles home charger, installation, and warranty with car purchase

Green Car Congress

launched a dealer program that provides turnkey residential charging packages to consumers purchasing new electric vehicles (EVs) or plug-in hybrids (PHEVs) and allows them to finance the charger in combination with the vehicle at the time of sale. AeroVironment, Inc. If needed, AeroVironment also provides at-home, in-person support.

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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As previously announced, ASMC is continuing to market and sell its remaining US automobile inventory through its national network of automotive dealers. Earlier post.)

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Hino to offer electric version of M- and L-Series medium duty trucks; SEA Electric powertrains

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—Glenn Ellis, President of Hino Trucks To compliment the EV transition, Hino Trucks is building infrastructure to support these trucks with Hino INCLUSEV , a portfolio of end-to-end electric vehicle enablement exclusively available through Hino’s nationwide dealer network.

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CARB launches $25M pilot program to help small trucking fleets transition to zero-emission technologies

Green Car Congress

These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support. Dealers and their financing partners, leasing and rental companies, or truck-as-a-service providers can serve as providers.

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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

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The system allows electric vehicles to be charged quickly and flexibly, and dealers can also use the stored electricity for the lighting and air-conditioning in their showrooms and workshops. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers.

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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

Green Car Congress

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. Honda and Acura customers and dealers interested in solar can find more information at www.hondasolarcity.com. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013. Earlier post.)

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