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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

At the same time, Sommer said in his presentation at the 2015 Electric Drive Congress in Washington DC, continued legislative support is needed to reach the next level of electric vehicle adoption. Volkswagen will also invest to support installation of charging stations in certain dealer locations. Earlier post.) —Jörg Sommer.

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The government adopted the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme in 2015 with an outlay of INR 8.95 billion) to be used for upfront incentives on the purchase of EVs (INR 85.96 Ministry of Finance (MoF). billion (USD 130 million).

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. First, there are more products available for purchase with new entrants ready to boost the market profile.

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Electric vehicles sales & charging stations need in India

Electric Vehicles India

The government’s encouragement to the move by investing $14 billion on direct purchase incentives and 25% tax deductions is continued help to the consumers and the manufacturers. Ensure finance availability, particularly for commercial EVs. Use incentives as a tool for directing or promoting industry. presented.”.

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US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

Green Car Congress

In his State of the Union address last night, President Obama highlighted his goal of making the United States the first country in the world to put one million advanced technology vehicles on the road by 2015. Supported by Recovery Act investments, battery costs are projected to drop by 50% by 2013 or 2015.

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