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How the financing arm helped Mercedes Benz crack the Indian luxury market | Autocar Professional

Baua Electric

Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. Translated, this means that of all the cars sold by Mercedes-Benz in India, we are financing four out of 10 or two out of five vehicles,” said Brendon Sissing, CEO and Managing Director of Mercedes-Benz Financial Services (MBFS).

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

They are newer to the road, so it was hard to know, for instance, their historic needs for maintenance over their operational life. The study finds, for example, that battery electric vehicles have maintenance costs 40% lower than ICE vehicles. Levelized cost of driving (LCOD) across powertrains for light-duty SUV, MY 2025.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit approved customers. The $250 reservation may also be applied to the purchase of the vehicle.

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Porsche and UP.Labs to build startups tailored for Porsche’s business

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For example, these could involve predictive maintenance, supply chain transparency or digital retail. The startups will be minority owned by Porsche, with the option to purchase them entirely after three years. The startups’ focus will revolve around Porsche’s core activities. Above all, we strive for new sources of innovation.

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A Step-by-Step Guide to EV Fleet Transition

Clean Fleet Report

Making the Electric Move More Manageable Electric vehicles (EVs) are the future of the automotive industry because they eliminate emissions and are easy to maintain. That said, logistics managers should consider long-term finances because EVs are generally cheaper to maintain. How can you convert your fleet to electric trucks?

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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

Green Car Congress

ChargePoint acquired ViriCiti for a total purchase price of approximately €75 million (US$88 million) in cash, subject to adjustments. The future of fleets is electric, and integrating charging solutions with the many business systems already in place in today’s depots is essential to successful electrification. Goldman Sachs & Co.

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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

Diversifying the types of vehicles and fuels available to our drivers offers our city protection from often-volatile oil prices and better prepares us for the future. Each gasoline powered sedan in Indy’s fleet would have cost taxpayers approximately $9,000 per year over the next decade, including purchase, fuel, maintenance and insurance.