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Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional

Baua Electric

Axis Bank has extended a loan of Rs 1 billion to Everest Fleet to empower them to purchase electric vehicles to be deployed as green taxis in India. Through this blended finance transaction, we have supported a service model and mobilised development capital.” The loan is for four years.

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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing. By offsetting purchase costs, these incentives make emissions-free vehicles attainable for more residents.

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Lucid Group, Saudi Arabia agree to 100,000 EV fleet deal

Teslarati

Lucid Group announced today that it had reached an agreement with the Government of Saudi Arabia to purchase up to 100,000 electric vehicles from the automaker over ten years. The deal will start with an initial commitment of at least 50,000 vehicles with the option to purchase 50,000 additional cars over the same period.

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Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

The agreements not only solidify the plans for the manufacturing plant, which is Lucid’s first outside of the United States, but also locks in funding, financing, and incentive plans to make the project possible. The Saudi Arabian government will then have the option to purchase an additional 50,000 cars.

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Zomato, Kotak Mahindra and Gogoro join hands to advance the ownership of EVs

Electric Vehicles India

It is the only food ordering and delivery service that has committed to The Climate Group’s EV100 programme, which calls for all deliveries to be made using electric vehicles by 2030. Kotak Mahindra Prime Limited (KMPL) is a non-banking financial company (NBFC) that specializes in vehicle financing.

India 88
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Uber Green Launches in India: Revolutionizing Sustainable Mobility

Get Electric Vehicle

Let’s explore the details of UberGreen’s launch in India and its potential implications for sustainable mobility. Sustainable Transport For A Greener India UberGreen, a new service introduced by Uber, is designed to cater to the growing demand for sustainable transportation solutions.

India 40
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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Drive Electric supports the Land Transport (Clean Vehicles) Amendment Bill (‘the Bill’), and encourages New Zealand to be ambitious. New and used vehicle importers, fleet companies, the electricity sector, other supporting industries and consumers need certainty about government climate and transport policy over the long-term.

Clean 52