article thumbnail

Revamp Moto partners with loan providers for 2W financing solutions – ET Auto

Baua Electric

The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.

article thumbnail

DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

Key findings include insights into vehicle depreciation, an in-depth examination of insurance premium costs, comprehensive maintenance and repair estimates, an analysis of all relevant taxes and fees, and considerations of specific costs applicable to commercial vehicles.

article thumbnail

Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

By 2050, industry (iron and steel, chemicals, cement, and high- temperature heating) and transport (aviation, shipping, and heavy road transport) respectively can account for 42% and 36% of total clean hydrogen demand. Overall, this outlook shows clean hydrogen delivering crucial carbon emission reductions.

Clean 429
article thumbnail

Decoding how connected vehicles can catalyse safer, sustainable mobility – ET Auto

Baua Electric

Initially focused on simple location services, connected vehicles in India today encompass a broad spectrum of advanced functions including real-time vehicle diagnostics, fuel efficiency insights, and driver behavior analytics. Furthermore, CVP can also assist the insurance industry by enabling usage-based insurance models.

Connect 52
article thumbnail

NFI expands Class 8 electric truck fleet in Southern California through JETSI; delivery of first 15 of 50 trucks

Green Car Congress

Through its participation in multiple freight electrification projects, NFI has gained valuable insight into which routes are optimal for BETs, based on the number of stops, topography, traffic patterns, freight being transported, and more. million), MSRC ($8 million), and South Coast AQMD ($5.4 million), with an additional $21.7

Fleet 259
article thumbnail

Hyundai bringing XCIENT Fuel Cell trucks to California

Green Car Congress

Hyundai will leverage insights gained from these public projects to develop it’s zero-emission commercial fleet business in the US and establish local partnerships across the value chain. The US model provides a maximum driving range of 500 miles, or about 800 kilometers. 30 XCIENT Fuel Cell trucks in northern California by early 2023.

Hyundai 243
article thumbnail

Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. Both parties will also develop a joint EV roadmap to accelerate adoption in Southeast Asia.

Asia 199