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Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The CEC is proud to support these 28 companies who aim to bring new energy solutions from ideas to game-changing innovations that boost the state’s economic recovery and provide benefits to ratepayers,” said Janea A. The company’s first product is a web platform that makes it easier to find and finance an electric car.

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Electric Vehicles Save Owners Up To $12,000 Over Life of Vehicle

Plug in America

They found all six EVs offer savings in the very first year of ownership when financed. EVs Can Save Up To $12,000 Over Their Lifetime The study considers various factors such as fuel costs, maintenance and repair expenses, purchase price, federal tax credits, financing options, and resale value.

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Car leasing market to cross 1 lakh units per annum in 3 years, says Mohammed Turra of Quicklyz | Autocar Professional

Baua Electric

Quiklyz, the leasing arm of Mahindra Finance expects the vehicle leasing market to grow at double the pace of car sales growth and cross the 1 lakh units mark in the coming three years. Mahindra Finance wanted to capture the entire finance journey in mobility ownership.

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Exxon/Mobil To Fund Solar Financing Bond For Torrance Homeowners

Creative Greenius

In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. It’s a pretty good idea isn’t it?

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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. Meanwhile, U.K.

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Top 5 Electric Vehicle Start-Ups in India

Get Electric Vehicle

Startups have this innate potential to take up an idea and converting it into a viable business plan then scaling it into a massive success. Finance Minister Nirmala Sitharaman pushed for the Indian Electric Vehicles Mission in the country’s Union Budget 2019-20. Revolt Intellicorp.

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