article thumbnail

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. The Ashland, OR-based manufacturer designs and develops electric motorcycles. —Craig Bramscher, founder and CEO of Brammo.

article thumbnail

Gogoro announces major partnership to help accelerate global expansion

Baua Electric

Gogoro , the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. Today, Gogoro announced signing an MOU to form a new partnership with Japanese giants Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., million battery packs and counting.

Global 52
article thumbnail

Top 5 Electric Vehicle Start-Ups in India

Get Electric Vehicle

Finance Minister Nirmala Sitharaman pushed for the Indian Electric Vehicles Mission in the country’s Union Budget 2019-20. The finance minister announced a tax break for people who purchase electric vehicles in an attempt to increase their popularity. WATCH]: Evolve Z and Evolve R electric motorcycles. You may also like.

India 52
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Electric motorcycles breakout. Sales of e-motorcycles have been increasing, but the market remains a tiny fraction of the e-bicycle and e-scooter market (5.2 million e-bicycles and e-scooters compared to about 30,000 e-motorcycles were estimated to have been sold in 2013 outside of China), Navigant says.

2014 346
article thumbnail

EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the. The Commission is convinced that financing should cover. social impacts of restructuring.