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Tesla China promotes Model 3/Y’s affordability with new incentive program

Teslarati

Tesla China is starting the second quarter with new incentives for customers in the form of limited-time finance policies such as low downpayment offers and zero-interest loans. The incentives seem to be part of the electric vehicle maker’s efforts to boost its vehicle sales in the country.

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Renault India joins with Bajaj Finance to offer financing solutions to its customers – ET Auto

Baua Electric

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. RIPL), the European car brand in India, has partnered with Bajaj Finance Ltd., New Delhi: Renault India Pvt Ltd.

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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers. EV cost will remain a hurdle until automakers can crack the profitability nut that has so far eluded all of them.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by up to $8,100 in February with new finance and lease incentives. New data shows sales are up while inventory is finally dwindling.

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J.D. Power: new-vehicle transaction prices hit all-time high despite rising interest rates; sales volume constrained as inventory stays flat

Green Car Congress

New-vehicle retail sales for June 2022 are expected to decline when compared with June 2021, according to a joint forecast from J.D. Retail sales of new vehicles this month are expected to reach 965,300 units, a 18.2% Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of 15.0%

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

In the Build Back Better Act, Congress proposed making the federal EV tax credit refundable and transferable through financing, making it easier for the middle class to save $7,500 on tax credits at point of sale or finance. The post Feature: Bridging the EV Affordability Gap first appeared on Clean Fleet Report.