The Truth About Cars

OCTOBER 22, 2024

A survey conducted by Santander Holdings USA, attempting to probe the status of middle-class households over the last twelve months, has reported that over half are actively delaying new-vehicle purchases. While we’re focused entirely on automotive issues, home ownership has indeed played a factor in reducing vehicle purchases.

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Green Car Congress

APRIL 6, 2022

In addition to the company’s Proterra Transit and Proterra Powered business units, Proterra Energy offers a turn-key approach to delivering the complete energy ecosystem for heavy-duty electric fleets through charging infrastructure design, build, financing, operations, maintenance and energy optimization.

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Teslarati

FEBRUARY 8, 2023

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. With the nationwide EV outlook expected to reach 26.4

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Green Car Congress

JANUARY 6, 2021

Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. Inventory financing for that deal is also being provided by Hitachi Capital America.

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CleanTechnica EVs

AUGUST 1, 2023

giving buyers up to seven years of financing for new car purchases. The shift, which adds an additional year to Tesla’s previously available financing options, has a very specific reason for being added, according to CEO Elon Musk. Tesla has announced a new 84-month auto loan option for its customers in the U.S.,

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Teslarati

SEPTEMBER 30, 2024

As per the terms of the recently launched promotion, customers who purchase a Model Y RWD could get a 0% interest loan if the principal of the loan would be less than KRW 45,000,000 or less for 48 months, or KRW 36,000,000 or less for 60 months. It’s not Robotaxi related lol. Don’t hesitate to contact us with news tips.

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Green Car Congress

OCTOBER 13, 2020

a provider of cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (NPA) under which it will sell $200 million aggregate principal amount of its 4.0% Workhorse Group Inc., Senior Secured Convertible Notes due 2024 to two institutional lenders.

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Teslarati

JULY 7, 2022

Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. In addition to finance, the app will also be updated to allow customers to make other purchases. Shoot me an email at william@teslarati.com.

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Teslarati

JULY 9, 2024

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. The post Ford launches zero-interest financing for Mach-E and F-150 Lightning appeared first on TESLARATI.

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Clean Fleet Report

AUGUST 9, 2022

Used-car buyers can now find nearly as many offers and choices as those looking for a new one, thanks to the huge popularity of car financing. Just remember to run a car history check before financing the vehicle to ensure it’s worth the money. Car dealerships may have the best financing deals. Dealer Finance for Used Cars.

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Electrek

JUNE 7, 2022

Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America.

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EV Life

JUNE 15, 2023

So, if you’re like most potential Tesla buyers, you will probably look to finance your Tesla purchase with a loan rather than pay the sticker price upfront. How Financing Through Tesla Works Tesla offers a variety of auto loan financing options for new and used Tesla models through outside lenders.

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Green Car Congress

JUNE 14, 2023

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. Both Stellantis and La Mancha will have the right to nominate one director each to the Board of ACG.

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Baua Electric

AUGUST 6, 2024

Rivian introduced a new, limited-time 2.99% financing offer on its new Dual Max R1S this week. Rivian’s new R1S gets limited-time 2.99% financing deal After introducing drastic upgrades to its flagship R1S and R1T vehicles this summer, Rivian’s new Dual Max R1S is already getting much cheaper.

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Baua Electric

MAY 9, 2024

Cholamandalam Investment and Finance Company Limited, a major participant in India’s vehicle financing sector, reported a significant surge in demand, particularly in rural markets. The post Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional appeared first on Bauaelectric Auto News.

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Baua Electric

SEPTEMBER 12, 2024

Hydrogen-electric plane developer ZeroAvia has completed another successful financing round, led by some of its previous investors and some new ones. Source: ZeroAvia ZeroAvia adds more names to its investment rolodex The sustainable aviation company shared details of its extended financing round today.

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Green Car Congress

SEPTEMBER 28, 2020

According to the terms of the Cooperation Agreement, Guangzhou GET Investment agrees to provide RMB 4 billion (US$586 million) in financing to help fuel XPeng’s growth as well as support the construction of a new smart EV manufacturing base for XPeng in the Guangzhou Economic and Technological Development Zone.

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Baua Electric

JANUARY 18, 2024

to provide quick and hassle-free financing options for Suzuki two-wheeler customers. SMFG India Credit, a Non-Banking Financial Company (NBFC) and a member of Sumitomo Mitsui Financial Group (SMFG), will offer round-the-clock retail financing with quick approval processes and minimal documentation.

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Teslarati

JUNE 8, 2022

Elon Musk’s efforts to secure new financing that will limit his cash contribution for his planned acquisition of social media platform Twitter has reportedly been put on hold. During an appearance at the All-In Summit , Musk compared his concerns about Twitter’s bots with those faced by buyers who are looking to purchase a house.

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Electric Vehicles India

JULY 20, 2021

for electric vehicle financing. India’s leading non-banking finance company for electric vehicle financing. Akihiro Ueda, CEO, Terra Motors said, “This partnership between Pooja Finelease and Terra Motors will give access to a larger audience and will take care of our North, East and North-Eastern region financing.

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Green Car Congress

JUNE 23, 2017

The Park City region deployment not only marks the first battery-electric transit fleet for Utah and the nationwide mountain resort industry, it also represents the first implementation of Proterra’s battery-lease financing model—i.e., buy the bus, lease the battery.

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Green Car Congress

AUGUST 21, 2020

NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly. will purchase battery packs and commission NIO to provide battery subscription services to users.

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EV Life

AUGUST 24, 2023

In this Electric Vehicle Spotlight, we delve into the remarkable specs of the Rivian R1T and show you a strategic financing avenue that can save you money on your electric vehicle purchase. Traditional financing avenues often fail to capture the full potential of available incentives, leaving you to bear the brunt of upfront costs.

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Baua Electric

JANUARY 5, 2024

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. RIPL), the European car brand in India, has partnered with Bajaj Finance Ltd., New Delhi: Renault India Pvt Ltd.

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Teslarati

AUGUST 17, 2022

Searle oversaw an internal purchasing probe during his final days at the company before leaving. Bloomberg , citing three people familiar with the matter, said Searle was relieved by Dinna Eskin, a Deputy General Counsel at Tesla, less than a month ago after the internal purchasing scandal took place.

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Baua Electric

JUNE 9, 2024

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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Teslarati

APRIL 28, 2022

Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs by a notable degree. It’s not just Toyota either.

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Baua Electric

MAY 20, 2023

A former finance supervisor at an AutoNation dealership in Florida scammed consumers out of just about $180,000 in money they gave him for cars that he by no means produced, police say. ” The post Police: Finance supervisor scammed consumers appeared first on Bauaelectric Auto News.

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Electric Vehicles India

DECEMBER 26, 2021

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. For the latest electric vehicles news, follow electricvehicles.

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EV Life

JANUARY 4, 2024

In this article, we’re going to check out some of the specs, design, and performance of the Tesla Cybertruck and show you how you can save money on one by financing through EV Life. The Inflation Reduction Act of 2022 outlined a federal EV tax credit of up to $7,500 for qualified drivers looking to purchase an EV. It’s that easy.

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EV Life

SEPTEMBER 21, 2023

We’ll also show you how to save a ton of money by financing your purchase through EV Life. The Inflation Reduction Act of 2022 outlined a federal EV tax credit of up to $7,500 for qualified drivers looking to purchase an EV. Clean Vehicle Rebate Project (CVRP). Clean Vehicle Assistance Program. The answer? Apply savings.

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Baua Electric

JUNE 21, 2024

The 2024 Model 3 / Photo: Tesla Tesla scrapped promotional financing on the Model 3 Long Range this week after it became eligible for the $7,500 federal tax credit. If you’re eligible for the federal tax credit, the Model 3 Long Range is cheaper than before but costs around $3,200 more to finance through Tesla than last week.

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Electrek

APRIL 26, 2022

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. Under the terms of the agreement, the Government of Saudi Arabia has committed to purchasing 50,000 EVs from Lucid Motors over the next ten years, with the option to purchase an additional 50k over that same timeframe.

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Green Car Congress

NOVEMBER 28, 2018

Global Bioenergies has received 13 letters of intent from French and international industrial leaders for purchases totaling 49,000 to 64,000 tons of isobutene and derivatives annually. The investment bank Vulcain is assisting IBN-One in putting together the financing package and identifying financial partners for the project.

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Clean Fleet Report

APRIL 26, 2023

The First Things You Must Do After Purchasing a New EV The Essential Steps To Take with a New Car This article may contain affiliate links. Purchasing one can be both an exhilarating and daunting experience, but it’s also full of important tasks that need to be done before they slip through the cracks. Congratulations!

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EV Life

AUGUST 17, 2023

4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. For example, the Clean Vehicle Rebate Project (CVRP) offers rebates between $2,000 and $7,500 for the purchase or lease of certain electric, plug-in hybrid electric, and fuel cell vehicles. Volkswagen ID.4

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Green Car Congress

APRIL 4, 2022

The board of directors of the Flemish Transport Company De Lijn has started a new purchase procedure to order up to 1,250 emission-free buses of various types with lengths from approximately 8.5 Within each lot of the framework agreements, the maximum number of vehicles that can be purchased is indicated. to 24 meters.

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