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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Z3 battery module Z3 battery modules store electrical energy through zinc deposition. The project secured an up to $398.6-million million conditional commitment for a loan guarantee from the DOE LPO; if the loan is finalized, it would fund 80% of Eos’ planned expansion.

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Nio garners $2.2 billion investment from UAE fund

Teslarati

Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the company in July, according to Financial Times. We are looking for new investors, and financing is one of our daily jobs,” Qin said. Nio is aiming to enter the U.S.

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How a Ford dealership celebrates tech to instill satisfaction

Baua Electric

. “We have a lot of things in our stores — for example, a shop foreman — that help us retain technicians,” Kody mentioned. “It’s more the finding part that’s difficult because everyone is looking, and this definitely set us apart.”

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Crypto, Venmo, NFTs, Tokens: Where Is Money Going?

Cars That Think

She’s spent years talking to finance industry experts about and researching the dynamic history of financial exchange media. Rachel O’Dwyer: Well, my definition of a token might not be everyone’s definition, but I understand token to be something that is kind of more and less than money. s 2020 Keep Big Tech out of Finance Act.

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California ARB approves ACC II rule; 100% of LDVs to be PHEVS, ZEV by 2035; LEV IV emissions requirements

Green Car Congress

California’s is the most aggressive regulation to establish a definitive mechanism to meet required zero-emission vehicle (ZEV) sales that ramp up year over year, culminating in 100% ZEV sales in 2035. The Clean Vehicle Assistance Program provides low-income car buyers with special financing and up to $5,000 in down-payment assistance.

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BMW Q2 recruit penetration grew greater than 40%

Baua Electric

BMW and its captive finance arm listened, after spoke back with systems to produce leasing extra compelling. Leasing is a good gross sales instrument for sellers to develop emblem commitment and store consumers inside the BMW ecosystem. “The No. 1 goal should be to retain our lease customers,” Sloane stated.

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How COVID modified dealership crew AutoIQ — for the simpler

Baua Electric

They had been additionally given the choice of a hybrid on-line/in-store enjoy. We have definitely done some things our senior leaders haven’t been comfortable with.” To advertise its omnichannel providing, AutoIQ authorized the Advance track “Any Way You Want It.” We don’t always have everybody on board,” he stated. “We