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Lucid Group teams up with Bank of America for lender and financing services

Teslarati

Lucid Group ( NASDAQ: LCID ) has announced that it has selected Bank of America as its preferred lending partner, giving customers the opportunity to apply for financing services for a seamless and stress-free experience. This financing solution was developed for Lucid to make it easier for customers to finance electric vehicles.

Financing 127
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Why Biden’s inexperienced subsidies have put the U.Okay. automobile business’s moment in peril

Baua Electric

billion) electrical automobile hub now below building between Washington and Sunderland, England. It features a plant to put together batteries for Nissan’s actual day of automobiles, including to a smaller 1.7 automobile business’s moment in peril appeared first on Bauaelectric Auto News. car industry.”

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THE UNOBVIOUS ONES: Serving to Genesis Canada promote ‘anything else that drives benefit’ outdoor untouched automobiles

Baua Electric

MICHAEL BARRETT DRIVEN TO INCREASE PROFITS IN ALL ASPECTS OF RETAIL Genesis Motors Canada depends upon greater than untouched automobiles for earnings. That comes with old automobiles, finance-office merchandise and making plans for carrier profitability as extra of the fairly untouched model’s automobiles come off guaranty.

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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

Green Car Congress

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 billion and will enable Via to advance its vision of efficient, accessible, and equitable public mobility.

Companies 243
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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). With Hawtai’s clean diesel engine technologies and production capacity, and its ambitious development programs, we have found the right partner to develop the Saab business and build a solid relationship.

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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

Green Car Congress

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Used as a soil amendment, its CoolTerra biochar product also increases crop productivity and plant health while reducing water and fertilizer requirements.

Financing 225
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Stellantis stops building of Ontario EV battery module plant over federal budget

Baua Electric

Stellantis and LG Power Resolution (LGES) on Would possibly 15 ceased some building of its deliberate electric-vehicle battery manufacturing unit in Windsor, Ont., Thomas funding is just for cells, Parmar advised Automobile Information Canada. because it continues to spar with the government over monetary help. The deliberate St.