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How the financing arm helped Mercedes Benz crack the Indian luxury market | Autocar Professional

Baua Electric

While it gives prestige and exclusivity to the brand, it can also keep potential buyers away as they may feel that they cannot really afford such a high-end product. Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. In our financing, we advocate for flexibility.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The upfront cost of an EV is the biggest barrier to EV adoption, with the average cost of a new EV being 52 percent more than a gas vehicle. With the average American family having just over $5,000 in the bank, they don’t have the ability to use their EV incentives to lower the upfront cost of their EV.

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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). Last week, J.D. Earlier post.)

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Today, we’ll be taking a look at one of Chevy’s most popular, affordable, and revolutionary offerings, the Chevrolet Bolt EUV. seconds $7,500 Check Incentives New Life for Chevrolet Bolt EUV Great news for fans of Chevy’s most popular and affordable electric SUV. These factors will also determine the size of your rebate.

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Mercedes and Stellantis pause European EV battery plans, look to LFP

Baua Electric

Mercedes-Benz and Stellantis are pausing work on two EV battery plants and may be looking to LFP battery cells to lower costs, reports Bloomberg. Automotive Cells Company (ACC), a battery supplier for the two automakers with plans to open three new battery plants in Europe at a cost of 7.6 billion euros (approximately $8.2

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

EV Life

EV Life’s Climate Loan aims to lower the monthly cost of an EV by up to $200/month. We are honored to have received this CalSEED award and are excited to begin building our incentive-based finance platform that will change the economics of owning an electric car, especially for drivers in disadvantaged communities.”. About EV Life.

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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

Green Car Congress

Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.

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