Remove Dealers Remove Financing Remove Lead Acid Remove Miles
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Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

At present, the loans are being provided under the auto retail category but the lenders might be different for financing the electric vehicles. Some banks have had bitter experiences with financing the earlier version of e-rickshaws, which were powered by lead-acid batteries and were not good-quality products.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

For reference, a typical lead acid battery can survive 500-800 cycles while 2,800 cycles is almost 8 years of use assuming one cycle a day. ton 100 miles+ range van and the Newton is 7.5-12 12 ton truck with 100 mile range used by local delivery services and courier services. The USCAR/DOE long term goal is 5,000 cycles.

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Will CARB’s New Rules Damage EV Startups?

Revenge of the Electric Car

Some immediately - such as the requirement for somewhere between 20-100,000 dollars in testing - but it’s the 10 year 150,000 mile warranty on the batteries themselves that’s the dealbreaker. They convert Toyota Prius hybrids into mostly electric vehicles that get 100 to 150 miles per gallon.

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