Electric Vehicles India

JULY 20, 2021

for electric vehicle financing. India’s leading non-banking finance company for electric vehicle financing. Akihiro Ueda, CEO, Terra Motors said, “This partnership between Pooja Finelease and Terra Motors will give access to a larger audience and will take care of our North, East and North-Eastern region financing.

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Electric Vehicles India

DECEMBER 26, 2021

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. For the latest electric vehicles news, follow electricvehicles.

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Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. have partnered to provide vehicle financing. appeared first on Promoting Eco Friendly Travel.

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Baua Electric

AUGUST 24, 2023

It’s all hands on deck in the dealer community to try and help people get through what is historically the worst wildfire season in the history of the province,” Qualey stated. The dealers are always committed to their communities, where they do business and where they live and where their employees live.” The post B.C.

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The Driven EV News

MARCH 6, 2024

Federal government announces $55 million in financing to enable car dealers and leading car rental firm to accelerate the transition to electric vehicles. The post Bowen announces $55m package to get another 23,000 EVs on the road appeared first on The Driven.

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Green Car Congress

MAY 3, 2023

MSRP excludes destination/delivery fee, optional equipment plus government fees and taxes, any finance charges, any dealer processing charge, any electronic filing charge, and any emission testing charge. Consumer Reports named BlueCruise its top-rated Active Driving Assistance System.

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The Truth About Cars

DECEMBER 13, 2023

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence. That shouldn’t happen.

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The Truth About Cars

APRIL 2, 2024

Ford knocked several thousand dollars off the Mach-E’s price earlier this year and has offered aggressive financing deals with interest rates as low as zero percent. Analysts told Automotive News that Ford has seen Mach-E sales triple since the changes, bringing its significant dealer inventory down by nine percent.

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Baua Electric

JANUARY 5, 2024

The JV’s turnkey fleet electrification-as-a-service offering makes financing for Blue Bird’s electric school buses and charging infrastructure available to school districts on a monthly-fee basis. The service includes project planning and management, and fleet and charging optimization.

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Baua Electric

MARCH 1, 2024

The announcement, first reported by Automotive News , came directly from Fisker’s fourth-quarter 2023 earnings report Thursday. Fisker has in the meantime begun pivoting to a dealer-based sales model , to supplement direct-sales efforts depending on the market. The company reported a $463 million net loss for the quarter.

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The Truth About Cars

APRIL 29, 2023

Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. As an & Automotive News & junkie, I loved talking about the car biz with these dealer principals.

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Teslarati

NOVEMBER 3, 2022

In an interview with German news site Muenchner Merkur , reported by Reuters , Finance Chief Nicholas Peter of BMW Group said the company is considering implementing a direct-to-consumer sales model that could circumvent their dealer networks for both their MINI and BMW brands. What do you think of the article?

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Baua Electric

JANUARY 5, 2024

“We are evolving our business model and intend to add as many as 50 dealer partners in the U.S. and Canada and a similar number of dealer locations in Europe this year,” CEO Henrik Fisker said in a statement to Reuters. In Europe, the company plans a hybrid model, signing up dealers while continuing direct sales.

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Baua Electric

MARCH 28, 2024

Photo: Hyundai Hyundai just released the IONIQ 5 N’s price just a couple weeks ago, and a California dealer has already marked the MSRP up on the automaker’s newest, most powerful EV by $20,000. Sales/finance manager were really disrespectful over pricing and me knowing about their allocations and being an Nfluencer.

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Baua Electric

MAY 2, 2023

KAR International will proceed rolling out its unutilized reside public sale structure, which used to be established in 2022 when the corporate built-in its dealer-to-dealer BacklotCars unit with Carwave, some other of its on-line public sale websites. and GWListe dealer-to-dealer platforms into one market.

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Baua Electric

MAY 15, 2024

2024 Kia EV9 (Source: Kia) Kia is offering massive EV6 and EV9 discounts To clear inventory and prepare for new models, Kia is offering huge discounts on select 2024 EV6 and EV9 models. A memo sent to dealers last week confirmed the 2024 EV6 is now eligible for a $1,500 VIN-specific incentive.

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Teslarati

DECEMBER 21, 2022

GM Vice President of EV Ecosystem Hoss Hassani recently cited the company’s extensive dealer program as a key factor in building brand loyalty, noting that approximately 90% of the US population is within 10 miles of a GM dealership. Last year, GM initially announced its Dealer Community Charging Program.

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Baua Electric

MARCH 19, 2024

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured “a financing commitment from an existing investor” of up to $150 million.

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Baua Electric

JUNE 16, 2023

Texas bans assured asset coverage that might value customers greater than 5 % of the quantity financed, and Colorado received’t let sellers worth the protection above $300 or 2 % of the quantity financed, whichever is larger. Minnesota bans the sale of the safety on impaired automobiles significance $5,000 or much less.

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Electric Vehicles India

OCTOBER 20, 2021

RevFin a digital lending platform that finances electric vehicles for commercial use that has raised $4 million (about Rs 30 crore) in pre-series. The company’s founder, Sameer Aggarwal, said that “Revfin’s EV financing platform overcomes challenges of consumer underwriting and product risks to make financing convenient and accessible.

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Electric Vehicles India

APRIL 3, 2023

Dealers are ready and training is underway,” said Sharma as part of the announcement. Several rating agencies predict that market penetration will rise to 35-40% by FY2030 as the product becomes more popular and financing issues become less of an issue as the product becomes more popular. Deliveries will be limited in the coming weeks.

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Baua Electric

MAY 8, 2024

Greaves Electric Mobility during the previous fiscal had launched the Greaves Eltra City, a passenger L3 vehicle, while broadening the 3W financing network with 16 PAN-India and 16 state-specific partners, fostering the commitment to accessible and convenient mobility solutions. The company recently announced the appointment of K.

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Electric Vehicles India

MARCH 30, 2023

Kotak Mahindra Prime Limited (KMPL) is a non-banking financial company (NBFC) that specializes in vehicle financing. KMPL provides loans for the purchase of new and used cars, commercial vehicles, and construction equipment. For the latest electric vehicles news, follow electricvehicles.in

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Teslarati

FEBRUARY 27, 2024

There’s a lot of new models that are coming on from our domestic manufacturers that are much lower price as well,” Granholm told Yahoo Finance. It has even started winning over auto dealers in 2024. As the EV market in the United States expands, US automakers face new challenges.

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Electric Vehicles India

DECEMBER 6, 2021

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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The Truth About Cars

OCTOBER 18, 2023

As consumers and dealers continue to seek SUVs with rugged appearance characteristics, we will continue to offer accessory options that allow them to further personalize their Volkswagen SUV,” said Petar Danilovic, Senior Vice President of Product Marketing and Strategy at Volkswagen of America.

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. The post 2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000 appeared first on Bauaelectric Auto News. and starts at $40,380 including destination.

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Electric Vehicles India

MAY 31, 2021

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 Here are some of the highlights of the budget presented by Nepal Finance Minister Yuba Raj Khatiwada.

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Baua Electric

MARCH 6, 2024

Although the new Hyundai IONIQ 6 Black Edition is not yet available in the US, the automaker is offering incredible deals on its electric models in the states. Hyundai IONIQ 6 Limited (Source: Hyundai) Hyundai recently introduced a rare 0% finance offer on the 2024 IONIQ 5.

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Electric Vehicles India

JULY 13, 2021

Ola is raising $100 million from the state-run Bank of Baroda (BoB) to finance the first phase of the world’s largest electric two-wheeler factory. If you are an EV manufacturer or EV Dealer or EV Supporter who want to share news related to electric vehicles on our website, please send an email to crm@electricvehicles.in.

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Electric Vehicles India

FEBRUARY 23, 2023

Additionally, Vida offers multiple financing options, including easy EMI, low interest rates, and a 70% repurchase option for 16-18 months of ownership and on-site repair. Potential customers can also test drive the vehicle for up to three days before booking.

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Electric Vehicles India

JANUARY 24, 2023

This is done by providing a platform for all Indian car dealers and service companies to buy and access the best-used commercial vehicles directly. This is done by providing a platform for all Indian car dealers and service companies to buy and access the best-used commercial vehicles directly.

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Electric Vehicles India

OCTOBER 22, 2021

Convergence Energy Services Limited (CESL) has invited expressions of interest (EoI) to empanel financial institutions for financing electric vehicles (EVs) across India. The eligible and qualified financial institutions will be empanelled with CESL to provide the users with a financing solution for the electric vehicles.

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Baua Electric

APRIL 1, 2024

Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by up to $8,100 in February with new finance and lease incentives. New data shows sales are up while inventory is finally dwindling. The company said the rising losses were due to “extremely competitive pricing” and new EV investments.

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Electric Vehicles India

DECEMBER 14, 2021

The Ministry of Finance has written to all Ministries/Departments of the Government of India to replace the petrol and diesel cars hired by them in their Secretariats and attached offices by electric cars for mobility in Delhi. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari.

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Baua Electric

JUNE 10, 2023

1 dealer, AutoNation Inc., ” Additionally this date, Lithia reduced the forecast for its captive finance corporate, Driveway Finance Corp., The post Lithia desires to collision earnings of $25 billion from acquisitions, up via $5 billion appeared first on Bauaelectric Auto News. retailed in 2022.

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Teslarati

APRIL 13, 2022

Dealers will take part in Volkswagen’s online sales as they will remain the customers’ point of contact for advice, test drives, delivery, and service. We need a good online presence coupled with a strong and powerful local presence provided by our dealers. Dealers are and will remain the face to our customers.

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