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Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional

Baua Electric

Cholamandalam Investment and Finance Company Limited, a major participant in India’s vehicle financing sector, reported a significant surge in demand, particularly in rural markets. However, management also expects margins to return to pre-pandemic levels in the foreseeable future.

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How the financing arm helped Mercedes Benz crack the Indian luxury market | Autocar Professional

Baua Electric

Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. Translated, this means that of all the cars sold by Mercedes-Benz in India, we are financing four out of 10 or two out of five vehicles,” said Brendon Sissing, CEO and Managing Director of Mercedes-Benz Financial Services (MBFS).

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Hero Electric ties up with HDB Financial Services for retail finance

Electric Vehicles India

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. For the latest electric vehicles news, follow electricvehicles.

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Electric Vehicle Spotlight: Financing a Ford F-150 Lightning

EV Life

We’ll also take a look at the best way to save money when financing your Lightning purchase through an EV Climate Loan with EV Life. The Inflation Reduction Act of 2022 introduced a new federal EV tax credit of up to $7,500 for qualified drivers looking to purchase an EV. Clean Vehicle Rebate Project (CVRP).

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. seconds $7,500 Check Incentives New Life for Chevrolet Bolt EUV Great news for fans of Chevy’s most popular and affordable electric SUV. Clean Cars 4 All.

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Tesla to increase Model Y price in the U.S. next month

Teslarati

The news comes as the latest price increase from the automaker, which also announced plans to increase prices on the SUV in Europe as soon as next week. The news also comes as the first quarter of the year comes to a close, and it’s not unlike Tesla to offer special incentives or future price increases during end-of-quarter pushes.

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Citroen to offer 4000 units of EV e-C3 to BluSmart | Autocar Professional

Baua Electric

BluSmart Citroën ë-C3 into service, Shishir Mishra, Brand Director, Citroën India, said, “This collaborative effort between Citroën and BluSmart Mobility signifies a shared vision for a sustainable future in the realm of electric mobility, reaffirming our commitment to shaping a cleaner and greener transportation ecosystem.”

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