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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Tata Motors’ units partner with Bajaj Finance to offer financing solutions to its PV, EV dealers | Autocar Professional

Baua Electric

Tata Motors’ subsidiaries Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) have joined hands with Bajaj Finance, to extend supply chain finance solutions to its passenger and electric vehicle dealers.

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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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Workhorse secures $200M in financing from institutional lenders

Green Car Congress

a provider of cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (NPA) under which it will sell $200 million aggregate principal amount of its 4.0% Workhorse Group Inc., Senior Secured Convertible Notes due 2024 to two institutional lenders.

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Verkor gets over 1.3 bn euros in financing for Dunkirk EV battery gigafactory – ET Auto

Baua Electric

billion) in green financing for its first battery gigafactory in Dunkirk , finalising its funding. Europe is seeking to attract electric vehicle (EV) battery makers, as it tries to cut dependency on Asia and win a green subsidies race with the United States. billion euros (USD 1.41

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DOE announces $15.5B package primarily focused on retooling existing factories for EVs

Green Car Congress

billion package of funding and loans primarily focused on retooling existing factories for the transition to electric vehicles (EVs). billion in funding to expand domestic manufacturing of batteries for electric vehicles and the nation’s grid, as well for battery materials and components currently imported from other countries.

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Iveco Group acquires full control of Nikola Iveco Europe

Green Car Congress

has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (Electric Vehicles COmpany). Iveco Group N.V.

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