Remove Affordable Remove Auto Remove Commercial Remove Cost
article thumbnail

Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

India 98
article thumbnail

Piaggio offers battery subscription model for Ape electric 3W at INR 2.59 lakh – ET Auto

Baua Electric

Piaggio Vehicles Pvt Ltd (PVPL),a subsidiary of the Piaggio Group and a leading Indian manufacturer of small commercial vehicles and electric three-wheeler (3EV) pioneers, has announced a “ Battery Subscription Model ” for its Ape Elektrik electric 3Ws. The subscription model goes beyond affordability.

Auto 52
article thumbnail

This lamppost EV charger just went commercial in the US

Baua Electric

Image: Voltpost EV charging company Voltpost ‘s “first-of-a-kind” lamppost EV charger is now commercially available in major US metro areas. The company says its platform provides EV drivers convenient and affordable charging while reducing installation costs, time, maintenance, and chargers’ footprint. Get started here. –ad*

article thumbnail

Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla

Baua Electric

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. Ford is “secretly” developing a low-cost EV platform Following Tuesday’s Q4 and full-year 2023 earnings results, Farley explained that Ford is adjusting its capital while switching gears to focus on smaller EVs. billion this year.

article thumbnail

Ford seeks smaller, lower-cost EVs to rival $25,000 Tesla, China

Baua Electric

During the company’s Q4 2023 earnings, Farley and top executives summed that the automaker plans to shift the launch timing on some of its Gen 2 electric vehicles, with more attention paid to the cost and efficiency of its EVs—given, as was mentioned multiple times, a “new market reality.”

Ford 52
article thumbnail

April auto gross sales defy financial hesitancy

Baua Electric

Moderate transaction costs are nonetheless increased however are founding to look some drive from emerging incentives, which larger 4.1 Stated Zack Krelle, an analyst with TrueCar: “Interest rates on vehicle loans appear to be plateauing as manufacturers offset higher financing costs with increased APR-based relief.”

Auto 52
article thumbnail

Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

Distributed energy systems powered by renewable sources and supported by battery storage provide clean and affordable electricity, empowering communities economically and socially. This initiative will be supported by 1 billion dollars in concessional finance and other commercial funding.

Clean 52