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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. The Ashland, OR-based manufacturer designs and develops electric motorcycles. Investors include Polaris, Best Buy, Chrysalix and Alpine Energy.

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UC Davis report urges policy actions to accelerate equitable transition to ZEVs in Global South

Green Car Congress

Recommendations include the need to recognize the varied levels of ZEV policies across these regions, to appreciate the need for equitable funding, and to secure collective, global buy-in to address the global challenge. Despite these developments, the global distribution of ZEVs remains deeply uneven, the report says.

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Two-wheeler sales and top 6 OEMs shine in April 2024 | Autocar Professional

Baua Electric

The smiles are back at India Two-Wheeler Inc as the Top Six motorcycle and scooter manufacturers have reported recovery in domestic market volumes and strong double-digit year-on-year growth in April 2024. Honda Motorcycle & Scooter India (HMSI) dispatched 481,046 units in April 2024, up 42% (April 2023: 338,290 units).

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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The FTC says these efforts are designed to “add truth and transparency to the car buying and leasing process by making it clear that certain deceptive or unfair practices are illegal,” basically making CARS a promise to consumers that the government still understands how business is supposed to be conducted. electric vehicle subsidies).

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Massachusetts announces additional $2M for electric vehicle rebate program

Green Car Congress

The electric vehicle rebate program, administered by the Department of Energy Resources’ (DOER), offers rebates of up to $2,500 to Massachusetts residents who buy or lease electric vehicles. To date, the program has provided rebates for more than 700 zero and low-emission vehicles. Any Massachusetts resident is eligible for the rebate.

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Failure to equalise VAT on public charging a missed opportunity

My Energi

Citing concerns surrounding ‘additional pressure on public finances’ and ‘limitations surrounding legal and fiscal considerations’, ministers also rejected calls to reinstate EV purchase grants – a scheme that proved vital in supporting the growth of the electric car market before its closure in June 2022.

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Visiting PURE EV factory | Startup Showcase | ETryst electric motorcycle first look

Plug In India

So PURE ’s working capital seems to be dealer financed to a large extent. On the finance front though the valid crib is about finance options for prospective buyers. ETryst Electric Motorcycle The high point of the visit was testing out their motorcycle - the ETryst. And so is the margin.