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Revamp Moto partners with loan providers for 2W financing solutions – ET Auto

Baua Electric

The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.

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Vulcan Energy starts its first lithium chloride production in Germany – ET Auto

Baua Electric

Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.

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Log9 rebrands mobility biz as Amphion for holistic EV asset management – ET Auto

Baua Electric

New Delhi: Log9 , a leading developer of advanced battery cell technology and electric mobility ecosystem products, has rebranded its mobility business as Amphion , a full-stack EV asset management company. Amphion was launched at Day Zero 2024, Log9’s annual event.

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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

“The new car product mix has been changing in favour of SUVs which are pricier and these have started to come to the used car market as well. What is also helping is easy availability of finance. CarTrade, which acquired OLX last year, for instance offers a financing marketplace for used products both auto and non-auto.

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Neuron Energy and Urja Mobility join for innovative battery leasing solutions – ET Auto

Baua Electric

Backed by Mufin Green Finance Limited, Urja Mobility will purchase advanced high-quality battery packs from Neuron Energy. This empowerment allows 3EV and 3Eco to concentrate solely on production and last-mile delivery, thereby fostering substantial volume growth.

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Musashi appoints Naoya Nishimura as CEO for India, Africa region – ET Auto

Baua Electric

With his remarkable leadership and extensive background in Research & Development, Electrification and business expansion, he brings a fresh perspective to Musashi India’s vision of revolutionizing the auto industry with supreme quality products. Previously Naoya Nishimura was the global Chief R&D Officer at Musashi.

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CarTrade Technologies open to further acquisitions to fast-track expansion plans – ET Auto

Baua Electric

We are open to investing in companies which will either help enter a new market or bring new products and technologies to customers”, Sanghi said, adding CarTrade wants to digitise the entire ecosystem and offer value-added services, be it auto finance, leasing, insurance, servicing or ownership.

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