article thumbnail

Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

lakh, said Vinay Sanghi When Dilip Singh was looking to sell his seven-year-old SUV whose odometer had clocked nearly 1 lakh km, he was surprised to find that he managed nearly 70% of the cost of the vehicle. Used car marketers say the demand pull means a slightly older SUV is available for the price of a hatch. lakh from INR 3-3.5

SUV 52
article thumbnail

Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. The R1S joins the increasing number of attractive electric SUVs being debuted in the EV market.

article thumbnail

The Best Electric SUVs on the Market

EV Life

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Which Electric SUVs Have the Most Range? The good news?

SUV 52
article thumbnail

Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

These combination car-and-SUVs have become immensely popular for a variety of reasons. The second reason EV crossovers are so popular with automakers is the vehicle classification standards put forth by the Treasury Department to determine whether a vehicle is a car, SUV, truck, or van. Where Are All the True SUVs?

SUV 52
article thumbnail

Electric Vehicle Spotlight: Financing a Ford F-150 Lightning

EV Life

This article will explore what makes the F-150 Lightning such an impressive addition to Ford’s growing EV lineup, as well as compare the six different trims available. We’ll also take a look at the best way to save money when financing your Lightning purchase through an EV Climate Loan with EV Life. Clean Vehicle Rebate Project (CVRP).

F-150 52
article thumbnail

Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

Polestar announced today it received financing from two major shareholders, totaling $1.6 Meaning that while the upcoming electric SUV would qualify for federal EV subsidies in the U.S., This financing round comes only weeks after Polestar announced that it would continue its partnership with Chinese financer Industrial Bank.

article thumbnail

Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

The preference for SUVs is growing. Gupta recalled that in 2016-17, the penetration of finance was hardly 7%. Mahindra FirstChoice enables used car sales through inspections before it goes for financing. While the purchasing power may be different, customer aspirations are the same. Third, the yard business for parking the cars.

Market 52