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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. With the nationwide EV outlook expected to reach 26.4

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Moscow plans to buy 500 more electric buses in 2022

Green Car Congress

Moscow, Russia, currently runs 1000 electric public electric buses on 66 bus routes, giving it the distinction of operating the largest e-bus fleet in Europe and America. This year the Government of Moscow plans to buy 500 additional electric buses. Most of them will be purchased with the funds from the green bonds.

Buy 273
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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. percent interest with 20 percent down, Investopedia suggests a total purchase price for your shiny new car – including taxes and whatever other fees a dealer feels like charging that day – at just $16,687.

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Ford Mustang Mach-E customers to receive 250 kWh of complimentary charging at Electrify America stations

Green Car Congress

Ford Mustang Mach-E owners in the US will receive 250 kWh of complimentary charging through FordPass Rewards at Electrify America fast-charging stations. To buy it, customers will be able to call or visit an electric vehicle-certified Ford dealership to order the home wallbox and have it delivered before their vehicle arrives.

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Canada’s BC Transit to buy ten 40' Proterra electric buses and megawatt-scale fleet charger

Green Car Congress

BC Transit in British Columbia, Canada has approved a $20-million contract to purchase ten 40-foot Proterra ZX5 electric transit buses and one Proterra Energy megawatt-scale EV fleet charger as part of the agency’s transition to a fully electric bus fleet.

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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. 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.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

New vehicles must be assembled in North America to qualify for any tax credits, and certain percentages of battery components (50%) and critical minerals (40%) have to be sourced from the United States or countries with a free trade agreement with the US. It also set income limits at $150,000 for individuals and $300,000 for married couples.