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Is leasing the car finance option that consumers really want?

Green Cars News

Car leasing companies Car finance Opinion BVRLA Leasing

Consumer car finance goes from strength to strength

Green Cars News

Four out of five private new cars are purchased using some form of point-of-sale finance, according to the the latest stats from the Finance and Leasi.

2015 Nissan Leaf: Discounts, Deals On Leases, Financing Increase

Green Car Reports

If you're considering a 2015 Nissan Leaf electric car, now might be a good time to make your move. Sales have stayed essentially flat for the past few months, and more cars are starting to come off leases. Amid those market currents, Nissan is boosting incentives on the five-door hatchback. DON'T MISS: Best Deals On Hybrid, Electric, Diesel Cars.

2015 26

“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

Financing Project VGV: the Green Redemption Fund. Private green funds could help finance a global fund. Diagram: Isabelle Plat.

2013 54

Consumers continue to seek out car finance as volumes increase 11%

Green Cars News

There’s cause for celebration in the contract hire and leasing industry, as new figures released by the Finance & Leasing Association (FLA) have r.

Tesla Motors Announces New Stock Sale Of $500 Million

Green Car Reports

Finance Elon Musk Tesla Motors plug-in cars Stock MarketIt had to come, and it did: Tesla Motors is selling more stock to bolster its cash position as it prepares to launch its second high-volume electric car.

Ultracapacitor manufacturer Skeleton Technologies raises €3.9M (US$5.2 M) in Round A financing

Green Car Congress

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. million (US$5.4 million). million announced in April 2013. Brief

Tesla Delivery Goal Fell Due To Slower Model X Production Ramp: Sources

Green Car Reports

Green Elon Musk Finance Tesla Model X Tesla Motors plug-in carsThe quarterly financial results issued by electric-car maker Tesla Motors, plus the ensuing conference call with CEO Elon Musk, are eagerly followed by fans and analysts alike.

2015 36

Obama's Bolt EV Visit, Elio Finances, Tesla Lawsuit, Fuel-Cell Roundup: The Week In Reverse

Green Car Reports

Who grinned--and who grimaced--while looking over the Chevy Bolt EV 200-mile electric car? And, why did Tesla Motors sue a German supplier that worked on the development of its Model X? This is our look back at the Week In Reverse--right here at Green Car Reports--for the week ending on Friday, January 22, 2016. Friday, we noted that the future of.

Big Coal Doomed: Not By Climate Rules But Fracking & Finance

Green Car Reports

Coal is the worst fossil fuel, that much is clear. Its carbon footprint per kilowatt-hour of electricity when it's burned by electric utilities to make electricity is far, far higher than that of natural gas. And that's even before the slowly improving economics of renewable sources come into play, from home solar photovoltaic panels to huge.

Solar 18

DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

Green Car Congress

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This is the least developed supply chain element at this time. Category 2: Hydrogen distributors.

PHEV conversion company Echo Automotive completes $3M financing, joins CALSTART

Green Car Congress

Echo Automotive, Inc., a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. —Dan Kennedy, Echo’s CEO. Brief

Virtual reality: Will 2017 be the end of the road for traditional car sales?

Green Cars News

Car leasing companies Car finance Opinion

2017 15

Changing lanes: How has automotive advertising evolved?

Green Cars News

Car leasing companies Car finance Opinion Features Editors Picks ContractHireAndLeasing.comThis commanding headline by Winston Motor Carria.

Motor 21

Tesla May Lose Money Building Electric Cars, Or It May Not

Green Car Reports

Green Elon Musk Finance Loss Profit Tesla Motors plug-in carsOne of the most contentious points in coverage of electric-car maker Tesla Motors is its financial performance. On the one side, analysts and naysayers note that the company continues to lose money.

Plug 23

Nesscap completes US$1M convertible note financing

Green Car Congress

The offering constituted the second tranche of the bridge financing previously announced on 8 April 2014. Ultracapacitor company Nesscap Energy Inc. has completed a non-brokered private placement of a US $1,000,000 Convertible Note with I2BF Energy. The proceeds will be used for working capital. Brief

Why millennials will continue to fall in love with leasing in 2017

Green Cars News

Car leasing companies Car finance LeasingWhere four wheels are.

2016 13

Enerkem raises C$59M in latest financing round; Valero Energy joins, Waste Management increases investment

Green Car Congress

Waste to biofuels and chemicals company Enerkem announced the closing of C$59 million (US$60 million) in financing. As part of this financing, Valero Energy Corp. Enerkem’s financing round, for which Credit Suisse acted as agent, will support the company’s large roll-out of current and future planned projects. Brief

Better Place closes $200M Series C financing; valuation now $2.25B

Green Car Congress

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

Payback On Plug-Ins: Finance Commentator Misses The Point

Green Car Reports

We love data, and articles that analyze data. We love them a little less when their opening lines sneer at sites like this one by calling them the "sunshine, lollipops and rainbows electric car press." Still, there are far more interesting problems with a recent analysis on Seeking Alpha entitled "Electric Cars--Still Crazy After Five More Years

Tesla Had A Deal To Sell Itself To Google Til Musk Walked Away

Green Car Reports

Finance Elon Musk Tesla Motors Merger Google plug-in cars Like any startup company, Tesla Motors has had crises where the electric-car maker came very close to financial collapse. One was in 2008, when its Roadster model was late in delivery and its two-speed transmission proved unable to handle the car''s power.

Aqueous hybrid-ion battery company Aquion completes $55M financing round

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Earlier post.). Aqueous hybrid ion chemistry. Source: Aquion. Click to enlarge. Aquion spun out of Carnegie Mellon University in 2010. Resources.

Technology Credit Union announces financing relationship with Tesla Motors

Green Car Congress

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR). Tech CU is among the first credit unions in the country to offer car loans for Tesla vehicles. Brief

Green-Car Buyers More Likely To Pay Cash For New Vehicles: Report

Green Car Reports

sales Financing experian plug-in cars We''re not entirely sure what it has to do with Earth Day, to be honest, but here''s an odd little statistic. Turns out that buyers of green cars--whether they''re hybrids or plug-in electric cars--are somewhat more likely to pay cash for their cars than are buyers of all vehicles on average.

Plug 18

Autumn Statement: fuel duty scrapped and more road investment

Green Cars News

Green credentials Autumn statement finance George OsborneProfessor Stephen Glaister, director of the RAC Foundation commented: [.].

2012 31

Ukraine state oil and gas company signs $3.656B credit agreement with China Development Bank to finance substituting natural gas with coal

Green Car Congress

The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. The program is aimed at improving Ukraine’s energy security and alleviating dependence on foreign natural gas. Brief

BASF invests $30M in supercritical hydrolysis company Renmatix, leading $50M financing round

Green Car Congress

The BASF subsidiary led a $50-million financing round, joined by new and existing investors. BASF, through BASF Biorenewable Beteiligungs GmbH & Co. Earlier post.) The Plantrose technology could allow us in the future to broaden our use of renewable raw materials while improving the cost effectiveness of our value chains even further.

VanDyne SuperTurbo raises $8M in Series C equity financing

Green Car Congress

the developer of a charger with an integral continuously variable transmission (CVT) ( earlier post ), has raised $8 million in Series C equity financing round. Proceeds from the financing will help drive the company’s growth initiatives and speed up the commercialization of the SuperTurbo technology. VanDyne SuperTurbo Inc.,

NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Mascoma and Valero establish JV for commercial-scale hardwood cellulosic ethanol facility; Valero providing majority of financing

Green Car Congress

These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. In January, Valero invested in Mascoma ( earlier post ). Mascoma, through its subsidiary Frontier, will hold a minority interest. Cellulosic ethanol

Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

Paying Our Way: A New Framework for Transportation FinanceThe nation faces a crisis. Paying our Way”. Our system is underpriced. Resources.

GE commits to electric vehicles

Green Cars News

Tags: Electric cars Green cars Latest news electric vehicles GE GE Finance General Electric Jeffrey Immelt

Waste-plastic-to-crude company Agilyx obtains $25M Series C financing

Green Car Congress

Agilyx Corporation has secured a new round of Series C funding worth $25 million, led by new investor Keating Capital and joined by existing investors Kleiner Perkins Caulfield & Byers, Saffron Hill Ventures, Waste Management, Total Energy Ventures International, an affiliate of Total S.A., Chrysalix Energy Venture Capital and Reference Capital.

The top five compact executive saloons

Green Cars News

However, thanks to ever-more affordable finance deals, compact. Alfa Romeo Audi BMW Mercedes-Benz A4 3 Series C Class Top 5 Giulia

2017 27

Gevo closes $25.9M financing with Whitebox Advisors

Green Car Congress

Gevo, Inc., a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

UQM Technologies closes $5.3M financing

Green Car Congress

UQM Technologies, a developer of and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, commercial truck, bus and military markets, completed a $5.3-million capital raise through institutional investors. Given the solid market conditions, we chose to go to the market now.

Electric bus maker Proterra completes $55M strategic financing

Green Car Congress

Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. In conjunction with the equity financing, Proterra completed a debt financing in an amount up to $25 million with Hercules Technology Growth Capital. The existing major investors in Proterra added $11 million of equity. Brief

Ford and Sollers form new JV in Russia; letter of intent for $1.4B in long term financing

Green Car Congress

Ford and Sollers also signed a Letter of Intent with Vnesheconombank (VEB), the Russian development bank, for long-term financing for Ford Sollers of 39 billion Russian roubles, or approximately $1.4 Ford Motor Company and Sollers OJSC have signed agreements to establish a 50-50-owned joint venture in Russia. billion. Brief

Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

Boston-Power, Inc., a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. GSR Ventures has offices in Beijing and Silicon Valley. Reorganizing. Purcell, Jr., Earlier post.). Batteries China

Coulomb secures $47.5M Series D financing

Green Car Congress

million of financing in its Series D round. Braemar Energy Ventures and Kleiner Perkins Caufield & Byers led the financing and were joined by Toyota Tsusho Corporation and existing investor Rho Ventures. Coulomb Technologies, Inc, the leading electric vehicle charging solutions provider, today announced that it has secured $47.5 Brie