article thumbnail

Suzuki Motorcycle India partners with SMFG India Credit for two-wheeler financing | Autocar Professional

Baua Electric

to provide quick and hassle-free financing options for Suzuki two-wheeler customers. SMFG India Credit, a Non-Banking Financial Company (NBFC) and a member of Sumitomo Mitsui Financial Group (SMFG), will offer round-the-clock retail financing with quick approval processes and minimal documentation.

Suzuki 52
article thumbnail

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. For the latest electric vehicles news, follow electricvehicles.

article thumbnail

NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The terms of the equity transaction include a warrant giving NRG the right to purchase an additional 2.0 per annum for construction-period financing and 8.0%

Financing 244
article thumbnail

DOT issues discussion document on principles for a connected vehicle environment; safety as top priority

Green Car Congress

As the federal role and other critical aspects of connected vehicle regulation and/or implementation are further defined, DOT will document publicly the privacy risks and controls applicable to the system and users. USDOT is receptive to all sustainable financing options that do not violate other principles. Technical Functionality.

article thumbnail

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.

article thumbnail

Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner.

Tax 120
article thumbnail

Cellulosic fuels company KiOR reveals “substantial doubts” about its viability; funding needed by 1 April

Green Car Congress

Other than that commitment, however, Kior said it has no other near-term sources of financing. Kior said that if it is unsuccessful in finalizing definitive documentation with Khosla on or before 1 April 2014—i.e., In December 2012, it began making semi-annual payments of $1.9

Columbus 225