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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Elements of the new program include: US Bank and Wells Fargo have agreed to provide 10% down financing for purchase of a Model S (on approved credit.).

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XL Hybrids to display retrofitted hybrid Chevrolet 2500 Cargo Van at MIT Energy Conference

Green Car Congress

a company that has developed a low-cost hybrid electric powertrain designed specifically for class 1-3 commercial fleet use ( earlier post ), will display a Chevrolet Express 2500 cargo van fitted with the company’s hybrid technology at the 2012 Massachusetts Institute of Technology (MIT) Energy Conference Energy Showcase on 16 March.

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Tanya Perrault, VP of the NY Capital District EVA, to Speak at Upcoming EV Conference

Electric Auto Association

Perrault will be representing Lynkwell, a provider of electric vehicle charging network solutions, and will participate in a panel discussion on “Navigating Grants, Financing, and Incentives.” This summit will provide a platform for discussions on the latest developments, advancements, and trends in EVs.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. This also expresses our confidence for the future business development.

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Bosch to offer Evatran Plugless EV Charging systems

Green Car Congress

to offer the Plugless Level 2 Electric Vehicle (EV) Charging System ( earlier post ), the first commercially available wireless system. In addition, Bosch announced financing options for all offered electric vehicle charging stations and their installation.

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Luxurious new K1 SUV added to Porsche EV charge, Cayenne to go electric

EV Central

A battery electric Cayenne SUV was also confirmed at the conference by 2026, while the arrival of the electric 718 Boxster and Cayman sports car was reaffirmed for mid-decade and the BEV Macan is on-sale in 2024. In the medium run the 718 will be exclusively available as an all-electric model,” he revealed.

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German official calls for “Tesla Speed” efforts to shift away from Russian gas

Teslarati

During a press conference last month , Habeck stated that Germany could not “continue at our dozy pace.” Finance Minister Christian Lindner also made €3 billion available for the leasing of floating LNG terminals that could be moored at Germany’s coastal deepwater harbors. Quotes courtesy of Euractiv.

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