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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.

Financing 186
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Tesla’s EVs still have great financing deals compared to rivals, even with recent price increases

Teslarati

Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs by a notable degree. It’s not just Toyota either.

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Tesla to increase Model Y price in the U.S. next month

Teslarati

Tesla has announced plans to increase the price of its Model Y in multiple regions in the coming weeks, including in the U.S. market starting next month. According to a note on Tesla’s website , the price of all three Model Y configurations will increase by $1,000 in the U.S. on April 1.

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Global Bioenergies receives 13 LOIs for purchases covering the capacity of its renewable isobutene and derivatives plant

Green Car Congress

Global Bioenergies has received 13 letters of intent from French and international industrial leaders for purchases totaling 49,000 to 64,000 tons of isobutene and derivatives annually. This IRR would be even higher under optimistic scenarios, with greater demand from high-premium market segments.

Purchase 207
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What You Should Know About Tesla Financing 

EV Life

Despite many legacy brand automakers jumping into the EV space and releasing new electric models, Tesla continues to dominate the electric car market. And while the price has gone down recently for both cars, Teslas are still on the pricier side of the spectrum for many drivers.

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Germany approves €900M for green hydrogen project H2Global

Green Car Congress

The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. This means that hydrogen or hydrogen derivatives are bought cheaply on the world market and sold at the highest bid in the EU. The contracts are processed via the intermediary HINT.CO.

Germany 382
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Electric Vehicle Spotlight: Financing a Volkswagen ID.4

EV Life

Volkswagen also added an entry-level standard trim with a more attractive base price to its lineup, further expanding the ID.4’s 4’s appeal on the mass market, as well as the Pro S Plus trim with additional luxury features. 4Version Price Range Federal EVTax Credit State/Local Incentives Volkswagen ID.4Standard Volkswagen ID.4Version