Remove 2020 Remove Financing Remove Price Remove Purchase
article thumbnail

NIO launches Battery as a Service (BaaS) in China; battery swap system

Green Car Congress

NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly. will purchase battery packs and commission NIO to provide battery subscription services to users.

China 508
article thumbnail

Anaheim Transportation Network orders 40 BYD electric buses; 57% electric fleet by 2020

Green Car Congress

These new buses will provide ATN a 57 percent zero-emission fleet by 2020. We’ve been operating four of BYD’s 40-foot K9Ms on our routes over the past two years, and based on their performance, we are confident in BYD’s quality product and their support of our efforts to electrify our fleet. —ATN Executive Director Diana Kotler.

BYD 278
article thumbnail

Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). million units in 2020, or some 7.3% Earlier post.)

Financing 283
article thumbnail

EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

Folsom, California, 15 October 2020. The average California driver qualifies for over $10,000 in EV rebates and tax credits, but incentives can take 12 to 18 months to recoup post-purchase. With the threat of climate change, we can’t afford to wait until 2024 for the purchase price of EVs to be cost-competitive.

article thumbnail

Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. We created five easy-to-choose option packages for Fisker Ocean that will be available to our reservation holders closer to the end of 2020.

Fisker 269
article thumbnail

Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

During his address to Parliament earlier this week, Malaysian finance minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz cited the reduction of pollutants and better air quality as the main indicators of why electric cars are a good idea. Electric vehicle initiative programs have been discussed before now. I’d love to hear from you!

Malaysia 145
article thumbnail

XL Fleet acquires WEES to accelerate fleet electrification and expand charging infrastructure offering

Green Car Congress

By leveraging its solutions in combination with utility incentive programs, project management and financing, World Energy assists companies throughout all aspects of the electrification process. The purchase price is subject to an adjustment for closing date net working capital and an additional earn out payment of $1.0

Fleet 170