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President Obama announces $1B National Community Deployment Challenge to spur deployment of alternative-fuel vehicles; new purchasing incentives; new EV Everywhere research grand challenge

Green Car Congress

US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country.

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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products. It is an important element of a successful manufacturer-dealer business model.

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California Energy Commission awards more than $2.6M for natural gas vehicles

Green Car Congress

The awards are expected to support the purchase of more than 125 new natural gas vehicles; funding comes from the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program. The Energy Commission’s buy-down incentives are reserved in blocks for vehicle manufacturers or their designated dealers.

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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Tengzhong intends to purchase HUMMER through an investment entity, in which it will hold an 80% stake. It will also assume the existing dealer agreements relating to HUMMER’s dealership network. General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Citi is acting as financial advisor to GM.

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Blink’s 2023 Year in Review

Blink Charging

Thanks to our new network integrations, we are proud to offer a global Blink Charging experience, so EV drivers can use the same global Blink mobile app at thousands of locations in North America, Latin America, Europe, and Asia.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

In January, Volkswagen of America and BMW of North America, together with ChargePoint, announced an initiative to create more express charging corridors along heavily-traveled routes on the East and West Coasts; specifically to install nearly 100 DC Fast Chargers across both coasts aiming to have charging sites no more than 50 miles apart.

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Flash Drive: 2023 VinFast VF 8

Clean Fleet Report

Flash Drive: 2023 VinFast VF 8 The First Car Vietnamese Car Comes To North America When Vietnam’s largest company, the VinGroup, announced in 2017 they were entering the automobile manufacturing business, it probably didn’t get too much notice. Speak to your dealer representative about when these features will be available.