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Suzuki Motorcycle India partners with SMFG India Credit for two-wheeler financing | Autocar Professional

Baua Electric

Suzuki Motorcycle India Private Limited has signed a Memorandum of Understanding (MoU) with SMFG India Credit Co. to provide quick and hassle-free financing options for Suzuki two-wheeler customers. Kenichi Umeda, Managing Director of Suzuki Motorcycle India Pvt. formerly Fullerton India Credit Co.

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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. —Craig Bramscher, founder and CEO of Brammo.

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L&T Finance Holdings launches Super Bike Loans | Autocar Professional

Baua Electric

L&T Finance Holdings (LTFH), a prominent Non-Banking Financial Company (NBFC) in India, has unveiled its latest offering – Super Bike Loans, targeting motorcycle enthusiasts seeking the thrill of riding cutting-edge motorcycles. With funding options of up to Rs 20 lakh and competitive interest rates starting at 5.99

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Watu Credit Partners With ARC Ride to Increase Number of EV Battery Swap Stations in Nairobi

CleanTechnica EVs

Watu says it has been at the forefront of asset financing for two- and three-wheeler vehicles. So far, the company has financed the purchase of over 100 electric assets in Kenya. Watu’s e-motorbike financing model enables customers to acquire an electric motorcycle for as little as Ksh 450 daily (US$3 per day).

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Brammo unveils electric motorcycles Empulse And Empulse R

Green Car Congress

has announced pricing and production plans for the Empulse and Empulse R electric motorcycles and previewed the new design. The Empulse and Empulse R will cost $16,995 and $18,995, respectively, with financing available from Sheffield Financial. financing for 60 month at $334 and 3.9% financing for 60 month at $334 and 3.9%

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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.) Earlier post.)

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Over 20 lakh electric vehicles were purchased by Indians in the last six years

Electric Vehicles India

In the passenger car segment, only 16,943 were registered in 2018, due to the motorcycle segment, which reached 6.28 At the 2023 budget presentation, Finance Minister Nirmala Sitharaman proposed lowering tariffs on imported capital goods for the production of lithium-ion batteries. In 2018 it increased from 1.08 million to 3.38