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REC to offer financing for 50,000 e-buses over the next 2-3 years | Autocar Professional

Baua Electric

Rural Electrification Corporation (REC) Ltd almost tripled its funding for electric buses to roughly 10,000 buses in FY24. The post REC to offer financing for 50,000 e-buses over the next 2-3 years | Autocar Professional appeared first on Bauaelectric Auto News.

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A dealership marked up a Hyundai IONIQ 5 N’s price by $20k

Baua Electric

Photo: Hyundai Hyundai just released the IONIQ 5 N’s price just a couple weeks ago, and a California dealer has already marked the MSRP up on the automaker’s newest, most powerful EV by $20,000. Sales/finance manager were really disrespectful over pricing and me knowing about their allocations and being an Nfluencer. seconds.

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DAS Era find out about: Automotive sellers don’t respond to on-line finance inquiries

Baua Electric

Sellers are overwhelmingly unresponsive to on-line client inquiries matching to financing, bills or leasing, a thriller consumer find out about by way of DAS Era discovered. Simplest 2 % of dealerships contacted supplied any data when shoppers requested about those core finance-and-insurance subjects, in step with the promoting company.

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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

Corporate executives mentioned it might additionally lift $500 million in the future via present credit score and mortgage guarantees. It will additionally borrow towards its structures and alternative property to boost price range. However the proportion worth has recovered to related at $1.38

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SAIL directors suspended after Lokpal concludes discrepancies in commercial deals – ET Auto

Baua Electric

A company statement said the Steel Ministry suspended V S Chakravarthy, Director (Commercial), and A K Tulsiani, Director (Finance). It was alleged that the steel sold by SAIL to Venkatesh was significantly below the price offered to other companies. Further, SAIL’s dealings with Avon were fraught with lack of due diligence.

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Stellantis to founding Free2Move Price suite of EV services and products, merchandise

Baua Electric

Free2Move Price is damaged ill into 3 arenas: house, trade and a public-facing constituent for purchasers anywhere they walk that incorporates get right of entry to to charging networks. Free2Move Price House will backup shoppers with set up, financing and guaranty of house charging and alternative power {hardware} and services and products.

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AI and e-contracting equipment can flag expensive trade in jacket mistakes

Baua Electric

polled greater than 2,500 auto finance pros all over the primary two weeks of March and won no less than 200 responses. of the respondents labored for credit score unions, captive finance corporations or alternative lenders. Knowledgeable.IQ About 83 p.c The left-overs labored for automakers or era suppliers.