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Aurora enters long-term, global, strategic collaboration with Toyota and Denso for self-driving cars at scale

Green Car Congress

As part of this long-term effort, Aurora will be exploring mass production of key autonomous driving components with Denso and a comprehensive services solution with Toyota for when these vehicles are deployed at scale, including financing, insurance, maintenance, and more. —Chris Urmson, Aurora CEO.

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Rivian (RIVN) R1S cracks top 5 best-selling EVs in Q4 just as EV leasing heats up

Baua Electric

According to data from auto research firm Kelley Blue Book , Rivian handed over nearly 24,800 R1S models in 2023. New data from Xperian’s State of the Automotive Finance Market Report Q4 2023 shows Rivian’s electric was the fifth best-selling EV in the US last quarter. That’s up from 7.1% a year ago.

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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. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit approved customers. Our mission is to become the No. —Henrik Fisker, chairman and CEO of Fisker Inc.

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The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

“Even if [Brent] prices fall further to $40-$50 a barrel, immediate balance of payments strains are unlikely to emerge,” the report said, with its authors adding the Kingdom would be able to finance its trade deficit from its foreign exchange reserves “for at least a decade.”. This suggestion is not universally accepted. shale oil.

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EV Startup Simple Energy Raises $20 Million In Latest Funding Round

Electric Vehicles India

“We have received a phenomenal pre-booking response, and to cater to the demand, we are raising funds in a timely manner. The company claims to have received 50,000 advance bookings for this e-scooter, which will begin shipping across India in June. Closer to May, we will also announce tie-ups with banks for EV financing”.

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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

Green Car Congress

Following its 2016 expansion to several new cities, Grab now brings the convenience and affordability of its multi-modal services to more cities in Indonesia than any of its competitors, including Jakarta, Bali, Bandung, Padang, Makassar, Medan, Surabaya and Yogyakarta. Expand access to mobile payments and financing opportunities.

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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

Green Car Congress

Without systematic, transformative changes, the US is unlikely to succeed either in averting the worst economic and environmental consequences of climate change or in achieving a secure, affordable and reliable energy supply. The project was supported by a grant from the Doris Duke Charitable Foundation.