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New York City Council passes bill mandating all city school buses be electric by 2035

Green Car Congress

The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. Of the 960 currently managed by the City, 885 would still be need to be converted from diesel to electric as the City had previously committed to converting 75 school buses. billion through Fiscal 2035, or $310.9

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Faraday Future secures $135 million in financing commitments

Electric Cars Report

Faraday Future, a California-based electric vehicle startup, announced a series of definitive agreements for financing, as well as an important modification to a major provision in the terms of the warrants in the original FF secured financing agreements.

Financing 117
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Fisker completes $50M financing; Huhnke named CTO

Green Car Congress

recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. The proceeds will be used to support the next phase of engineering work on the Fisker Ocean all-electric luxury SUV, due for launch in 2022. Fisker Inc.

Fisker 186
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Greaves Finance partners with ElectricPe to make EV financing more accessible | Autocar Professional

Baua Electric

Greaves Finance Limited, a wholly owned subsidiary of Greaves Cotton Ltd, under its electric vehicle ownership platform evfin, has partnered with ElectricPe, to make EV buying more accessible via buyback programmes such as smart.fin and ride.fin in two-wheeler EV financing. Sandeep Divakaran, CEO, Greaves Finance Ltd.,

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Mbay Mobility Is Launching An All-Electric Taxi Financing Platform In Senegal

CleanTechnica EVs

Mbay wants to play a key role in the transition to electric mobility by being the first mover in the electric car sector in Senegal […] The aptly-named Mbay wants to help cultivate and grow the green mobility sector in West Africa, starting in Dakar, Senegal.

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Revamp Moto partners with loan providers for 2W financing solutions – ET Auto

Baua Electric

The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.

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Einride secures half a billion in additional financing to support its autonomous freight EVs

Electrek

Autonomous and EV freight technology company Einride announced its future has been hardened by $500 million in financing. The mobility company intends to use the fresh funds that also includes a Series C equity raise to support all-electric truck production and expand the development of its autonomous and digital fleet management technology.