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Hero Electric ties up with HDB Financial Services for retail finance

Electric Vehicles India

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.

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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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Report on electric vehicle adoption in india

Baua Electric

the adoption of electric vehicles (EVs) in India has been gaining momentum, driven by various factors such as environmental concerns, government initiatives, and advancements in technology. Various policy measures and incentives have been introduced to encourage both manufacturers and consumers to embrace electric mobility.

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CESL to empanel financial institutions to offer loans for electric vehicles 

Electric Vehicles India

CESL to empanel financial institutions to offer loans for electric vehicles . Convergence Energy Services Limited (CESL) has invited expressions of interest (EoI) to empanel financial institutions for financing electric vehicles (EVs) across India. 20,000 for the cost of the bid document.

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AMPLY Power & Logan Bus announce 2-year demo project of charging-as-a service for fleets; 5 electric school buses

Green Car Congress

Pioneering methods to accelerate electric fleet adoption, AMPLY Power will demonstrate and document its Charging-as-a-Service approach for an all-electric school bus fleet in New York City. We have heard loud and clear the Governor, Mayor, City Council, and parent body who have advocated for electric vehicles.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

Green Car Congress

Receiving the conditional commitment is a significant step in the lending process and reflects the DOE’s intent to finance the project; however, the Loan remains subject to documentation of long-form agreements and certain conditions will have to be satisfied prior to closing, which is currently expected to occur in calendar Q2 2023.

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Smith Electric Vehicles US Makes $105M Offer to Buy SEV Division from Tanfield

Green Car Congress

Any sale would be conditional inter-alia upon negotiation of sale and purchase documentation, a financing by SEVUS, all usual shareholder approvals (including the approval of Tanfield shareholders) and due diligence.