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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The IRA has set aside $7.5

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Kenya’s Largest Commercial Bank, KCB, Partners With BasiGo Kenya To Finance Electric Buses For Public Transport Operators

CleanTechnica EVs

In a major boost for electric mobility in Kenya, the country’s largest commercial bank, KCB Bank Kenya Limited, a subsidiary of KCB Group Plc, has partnered with BasiGo to finance electric buses for public transport operators.

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Jing-Jin Electric and Allison Transmission partner to accelerate development of commercial vehicle electrified powertrain solutions for global markets

Green Car Congress

Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

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TeraWatt raises $1B+ to scale commercial EV charging centers across US

Green Car Congress

Launched out of stealth in May 2021, TeraWatt is accelerating the decarbonization of transport with a purpose-built platform that combines an EV charging-focused property portfolio, asset financing capabilities, project development, and charging and energy management expertise.

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

Green Car Congress

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.

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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai Motor signed an MOU with Shanghai Electric Power Co., and Shanghai Ronghe Electric Technology Financial Leasing Co., Shanghai Sunwise New Energy System Co.,

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Ford Pro Insure for commercial vehicles expands to Indiana & Wisconsin 

Teslarati

Ford Pro Insure expanded its insurance offering for commercial vehicles to Indiana and Wisconsin. Besides Indiana and Wisconsin, Ford’s insurance for commercial vehicles is also available in Arizona, Illinois, and Tennessee. The right commercial auto insurance can help them run efficient and productive fleets.

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