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Workhorse secures $200M in financing from institutional lenders

Green Car Congress

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.

Financing 186
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How To Finance a Used Car in the UK

Clean Fleet Report

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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Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money. As with most modern vehicles, the R1S was designed with a strong and rigid body structure to provide enhanced occupant protection in the event of a collision.

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Hagerty Canceling Detroit Concours d'Elegance for 2024

The Truth About Cars

The annual Detroit Concours d'Elegance is being canceled this year so Hagerty can reassess the event. It’s been a privilege to unite car lovers in the heart of the Motor City at the Detroit Concours,” the organizers explained on the event website. Thanks for riding with us. Thanks for riding with us.

Detroit 105
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AlphaStruxure and Montgomery County, Maryland, announce integrated microgrid and electric bus charging infrastructure project; EaaS

Green Car Congress

The project will enable at least 44 buses in Ride On Montgomery County’s transit fleet to transition from diesel to electric, advancing the County’s goal to reach net zero carbon emissions by 2035, reducing lifetime emissions by more than 155,000 tons, while delivering resilience to climate events and power outages.

Maryland 381
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European Lithium signs binding term sheet with Obeikan for hydroxide plant in Saudi Arabia

Green Car Congress

We are pleased to reach this strategic step in partnering with Obeikan that paves the way for significant Opex savings including greatly reduced energy and financing costs, and a much lower taxation rate.

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Stellantis partners with Archer to build electric aircraft

Teslarati

The automaker intends to increase its shareholding in Archer by purchasing stock in the open market. It has already gained support from United Airlines, which purchased 100 eVTOL aircraft from Archer. We expect this will provide meaningful cash flows to help finance build out of our UAM network.

Building 115