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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.).

Financing 210
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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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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. Whether you dream of owning a roadster or coupe, purchasing a sports car can leave a huge dent in your pocket. Don’t be wowed by the deal. Brand, Age and Model of the Car.

Buy 82
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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.

Market 52
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Infineon buys Wolfspeed Power for $850M cash; power semiconductors for electromobility

Green Car Congress

The purchase price for this planned all-cash transaction is US$850 million (~€740 million). 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.

Power 150
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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. You might have to compromise a little when it comes to colour, features or mileage, but the listings are packed with brilliant buys. Renault ZOE Z.E.40

Cheap 133
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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. California EV Incentives Clean Vehicle Rebate Program (CVRP) On the state level, California has a number of programs aimed at incentivizing EV purchases.