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Lucid Motors launches Lucid Financial Services with Bank of America for lease and loan financing

Electrek

Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America.

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Workhorse receives purchase order from Pride Group Enterprises for 6,320 C-Series electric delivery vehicles

Green Car Congress

Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. Inventory financing for that deal is also being provided by Hitachi Capital America. Interior Volume.

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Terra Motors partners Pooja Finelease Ltd. for electric vehicle financing

Electric Vehicles India

Terra Motors partners Pooja Finelease Ltd. for electric vehicle financing. Terra Motors a leading electric vehicles manufacturer in India has partnered with Pooja Finelease Ltd. India’s leading non-banking finance company for electric vehicle financing. The post Terra Motors partners Pooja Finelease Ltd.

Financing 101
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Lucid Motors announces agreement with Gov’t of Saudi Arabia to purchase up to 100k EVs over the next decade

Electrek

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. Under the terms of the agreement, the Government of Saudi Arabia has committed to purchasing 50,000 EVs from Lucid Motors over the next ten years, with the option to purchase an additional 50k over that same timeframe.

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Electric Vehicle Spotlight: Financing Rivian R1T

EV Life

In this Electric Vehicle Spotlight, we delve into the remarkable specs of the Rivian R1T and show you a strategic financing avenue that can save you money on your electric vehicle purchase. Performance All versions of the R1T come with all-wheel drive, but there are two different motor options offered: Dual-Motor and Quad-Motor.

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Electric Vehicle Spotlight: Financing Tesla Cybertruck 

EV Life

In this article, we’re going to check out some of the specs, design, and performance of the Tesla Cybertruck and show you how you can save money on one by financing through EV Life. The tri-motor all-wheel drive model boasts 0-60 in 2.9 Where the Cybertruck separates itself from other trucks on the road is its speed.

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XPeng enters into cooperation agreement for new smart EV manufacturing base in Guangzhou; $586M in financing

Green Car Congress

Chinese EV contender XPeng announced that its wholly owned subsidiary in China, Guangdong Xiaopeng Motors Technology Co., Early in August, Xpeng reported closing a US$900-million C+ financing round. entered into a cooperation agreement with Guangzhou GET Investment Holdings Co.,

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