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Terra Motors partners Pooja Finelease Ltd. for electric vehicle financing

Electric Vehicles India

for electric vehicle financing. Terra Motors a leading electric vehicles manufacturer in India has partnered with Pooja Finelease Ltd. India’s leading non-banking finance company for electric vehicle financing. Terra Motors partners Pooja Finelease Ltd. FCC Corporation.

Financing 101
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Financing Your Electrical Vehicle Purchase Improving Slowly In Australia (Needs To Improve More)

CleanTechnica EVs

A recent survey of 1,001 Australians by Savvy has revealed that 73% of respondents agree that moving to electric vehicles (EVs) is an important move to reduce CO2 emissions and keep global temperature rises to 1.5°C. The biggest obstacle to going electric is price, according to the survey.

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Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022.

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Ford launches new global battery center of excellence

Green Car Congress

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. —Hau Thai-Tang, Ford’s chief product platform and operations officer.

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EV charging network builder Volta announces $125M in Series D funding

Green Car Congress

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.

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China will cut electric vehicle subsidies by end of 2022

Teslarati

China announced that it would eliminate subsidies that encourage consumers to purchase electric vehicles by the end of 2022. The subsidy cuts will only apply to new energy vehicles (NEVs), which China defines as any plug-in electric vehicle that qualifies for public subsidies.

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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. Brammo products are on permanent display at the Vehicle Innovation Center.