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Ford developing a strategy to address urban personal mobility globally; a mobility company, not just an auto company

Green Car Congress

Ford Motor Company is mapping out a strategy to address the requirements for personal mobility in the context of the megatrend of increasing global urbanization, both in mature economies as well as in emerging markets. Mature markets. Emerging markets. Rough map of Ford’s Blueprint for Mobility. Click to enlarge.

Personal 331
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Better Place closes $200M Series C financing; valuation now $2.25B

Green Car Congress

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

Financing 252
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Study of premium car buyers finds large majority see driving EV within 5 years; financing most popular option

Green Car Congress

A recent Kantar survey of 2,605 premium car buyers from Germany, the US and China on behalf of Mercedes-Benz Mobility has found that in all three markets, a large majority of respondents can imagine driving an electric car within the next five years. The most popular financing option in all markets is financing (GER: 48%; US: 60%, CN: 58%).

Financing 186
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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. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

Acura 218
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Tesla partners with CBA on low-interest financing in Australia

Teslarati

The Commonwealth Bank of Australia (CBA) has partnered with Tesla to offer low-interest financing on electric vehicle (EV) purchases. The CBA says that the lowered interest rates are available for eligible customers who finance sustainable products, such as EVs and hybrids. automaker’s most popular sedan.

Financing 144
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Hercules EV opens $20M Series A round; targeting electric pickup in late 2022; Prieto solid-state batteries

Green Car Congress

James Breyer founded Hercules Electric Vehicles in 2018 with a vision to bring luxury eco-utility products to market, beginning with an electric pickup truck and followed by other electric mobility products. Hercules expects to demonstrate its first drivable architectural mule in April 2021.

Li-ion 365
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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

Having pioneered the EV market in India, we have successfully led its growth and penetration over the last couple of years. We are confident that this move will help more and more customers embrace EVs as their preferred mode for personal mobility. Deliveries are scheduled to commence from January 2023.

Motors 435