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Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. billion raised—up 63% on the previous year. The 2Q figure, at $3.9

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Customers can still include a 3-year subscription as part of the vehicle purchase, if they prefer. Updated Pricing The above reflects MSRP as of 2 May 2023. This provides customers the opportunity to try it during the initial months of vehicle ownership and subsequently activate it through a subscription at the time of their choosing.

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Tesla implements subtle interest rate hike for financed vehicles

Teslarati

Tesla’s list prices for its vehicles have not experienced a notable rise recently, but the EV maker has initiated a more subtle price increase for its financed vehicles nonetheless. As could be seen in Tesla’s online payment calculator, the featured financing rate is now 3.74% APR, a 0.5%

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Elon Musk’s new financing efforts on hold amid Twitter deal uncertainties: report

Teslarati

Elon Musk’s efforts to secure new financing that will limit his cash contribution for his planned acquisition of social media platform Twitter has reportedly been put on hold. This financing is reportedly designed to further reduce Musk’s cash contribution for Twitter’s buyout.

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Nesscap completes US$1M convertible note financing

Green Car Congress

The offering constituted the second tranche of the bridge financing previously announced on 8 April 2014. The Note has a maturity date of 1 April 2015; the conversion price is CAD 0.10 Nesscap can prepay the outstanding principal and interest on the Note, in whole or in part, at any time without premium or penalty.

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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

With new car prices soaring over the last few years, the value of used cars has also gone up. In the last two years, the average ticket prices in the used car market has gone up to 6-6.5 In the last two years, the average ticket prices in the used car market has gone up to 6-6.5 lakh, a Baleno is priced between 4.7

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