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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

The sale of hybrid cars will be allowed until 2035. 582 million (US$773 million) in grants for those buying zero or ultra-low emission vehicles to make them cheaper to buy and incentivize more people to make the transition. To support the acceleration to electrification, the Prime Minister announced: £1.3 billion (US$1.7

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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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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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Indian market has ‘very functional’ EVs, needs ‘wow products’ to pull customers: Rajesh Jejurikar  | Autocar Professional

Baua Electric

versus 88,000 hybrid vehicles accounting for 2% of the overall market. There has been a surge in interest in hybrid vehicles including India. There was also buzz about a potential correction on taxes for hybrid vehicles in India. People buy wow products. I mean, there’s no rational reason to buy a Thar.

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Opinion: 4 Things You Should Think About Before Buying a Sports Car

Clean Fleet Report

Remember, you are buying a car, not a deal. Crosscheck if your current earnings or savings can finance a down payment or monthly premiums and the fuel demand. Therefore, before signing between the dotted lines, align your finances with your desires and reality. Don’t be wowed by the deal. Brand, Age and Model of the Car.

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Best deals on hybrid, electric, fuel-efficient cars for June 2018

Green Car Reports

June is proving to be a great month for those who want to buy a car that plugs in, with some electric cars offering rebates as high as $16,400, or zero-percent financing along with a hefty cash rebate.

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Infineon buys Wolfspeed Power for $850M cash; power semiconductors for electromobility

Green Car Congress

In automotive it fits well with the recent increased commitment of the industry to plug-in hybrid and all-electric vehicles (xEV). Infineon will fund the transaction with bank financing of US$720 million and US$130 million of cash-on-hand. Infineon will maintain its strong balance sheet after the cash- and debt-financed transaction.

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