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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

This price barrier prevents the middle class from capitalizing on the notable cost savings of EVs, paying a “poverty penalty” of $1,000/year in higher fuel and maintenance costs by driving gas-powered vehicles. Particularly with inflation and higher gas prices, it’s critical that we make financing EVs cheaper than gas cars today.

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ClearFlame Engine Technologies raises $30M in Series B

Green Car Congress

ClearFlame continues gaining momentum with technology that heavy-duty equipment users can deploy to more quickly and affordably meet critical ESG goals. ClearFlame secured $17 million in Series A financing in 2021, led by Breakthrough Energy Ventures, with participation from Mercuria, John Deere and Clean Energy Ventures.

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Ohmium and Aquastill collaborate to produce green hydrogen from seawater

Green Car Congress

By integrating Aquastill’s desalination capabilities with Ohmium’s modular green hydrogen electrolyzers, the collaboration will create new decarbonization opportunities for businesses operating in coastal areas by providing a more efficient, sustainable and affordable way of producing clean energy. GW across three continents.

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How battery leasing enhances adaptability in the EV ecosystem | Autocar Professional

Baua Electric

However, this challenge can be overcome by battery leasing, which not only addresses affordability but also enhances faster adaptability within the EV ecosystem. Battery leasing presents an effective alternative for consumers, offering a pathway to access high-quality battery packs at affordable rates.

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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.

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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.

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Toyota invests $394M in, collaborates with Joby on air mobility

Green Car Congress

Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. Joby’s eVTOL. —Toyota Motor Corporation President and CEO Akio Toyoda.

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