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Financing, Leasing & Incentives
APR, residuals, rebates, tax credits, and how to lower monthly costs.
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Ultraviolette bags $85 million Series E led by Yali, TDK Ventures; Lip-Bu Tan invests
20+ hour, 39+ min ago (571+ words) Bengaluru-based electric vehicle maker Ultraviolette Automotive has raised $85 million in a Series E funding round led by deep-tech investor Yali Capital and TDK Ventures, as the company steps up production, launches new products and expands into international markets. “This round…...
RAD launches £995 monthly leasing scheme for RAD 40 electric outboard
2+ day, 16+ hour ago (369+ words) British marine technology company RAD is introducing a new leasing scheme for its RAD 40 electric outboard, making its complete propulsion package available from £995 per month. The new marine engine lease programme is designed to provide customers with a more accessible…...
Overfuel Secures Equity Investment from Comedor Capital - RVBusiness - Breaking RV Industry News
5+ day, 8+ hour ago (430+ words) INDIANAPOLIS – Overfuel, an AI-native automotive technology platform, today announced a $6 million growth equity investment from Comedor Capital, an Austin-based growth equity firm backing founder-led software and AI-enabled services companies, according to a press release....
Tesla raises Wall Connector prices again in Canada, Universal model nears $1,000
6+ day, 5+ hour ago (415+ words) Tesla has once again raised the price of its home charging equipment in Canada, continuing a string of increases this year that have made the Wall Connector significantly more expensive. According to an update to the Tesla Shop listing this…...
Report: Audi Offers Up to $10,000 Toward EV Lease Buyouts
1+ week, 1+ day ago (426+ words) Audi is making a stronger case for lessees to keep their EVs rather than hand over the keys. According to CarsDirect, Audi sent a bulletin out to dealerships on Sept. 1 outlining its “BEV Lessee Buyout Option Incentive,” which would take…...
Audi offers EV lessees up to $10,000 off to buy the car they're already driving
1+ week, 1+ day ago (527+ words) Audi is giving electric vehicle lessees thousands of dollars off if they decide to buy their leased vehicles at the end of the terms, according to a dealer bulletin the automaker sent Sept. 1. According to CarsDirect, the buyout option incentive…...
My dealer wants me to trade in my EV. Should I consider it?
1+ week, 3+ day ago (906+ words) I have a 2023 Hyundai Kona Electric. I bought it new and have a couple of years left on the loan. This summer, I’ve been getting almost monthly emails from the dealership offering an “upgrade.” They say I could trade it…...
Kia reveals EV3 lease offer for $349 a month, but there's a catch
1+ week, 6+ day ago (119+ words) ...
Beachman secures $600K in federal funding to tap into European market
1+ week, 6+ day ago (103+ words) Powersports Business Amid the ongoing U.S.-Canada trade dispute, Toronto-based electric motorcycle manufacturer Beachman Motor is receiving $600,000 in federal funding to help the company expand into the European market From left, Beachman cofounders Steve Payne and Ben Taylor, alongside Member of…...
VEV receives investment to power European expansion
1+ week, 6+ day ago (252+ words) The funding comes as VEV plans to expand its services further across Europe. Related:Why payments will define the next phase of EV adoption “Technology has transformed how consumers manage energy – commercial transport is now at a similar inflection point,…...