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The Ford Motor Co. Explorer electric SUV during its launch in London, UK, on Tuesday, March 21.

Ford sees electric-vehicle losses growing to $3B in 2023

byBloomberg News

March 23, 2023

Ford Motor Co. predicts losses in its electric vehicle business will grow to $3 billion this year as it spends ...

DriveItAway aims to tap into Fortune 1000 companies

byRiley Wolfbauer

March 17, 2023

Mobility platform DriveItAway Holdings partnered with workplace perks provider Next Jump on Tuesday to increase electric vehicle adoption and its ...

Apex Motors unveils EV supercar in the US

byRiley Wolfbauer

March 16, 2023

Sports car manufacturer Apex Motors unveiled its electric vehicle supercar, the AP-0 Super Sports EV, in the United States on ...

A Toyota Motor Corp. Prius plug-in hybrid electric vehicle (PHEV) prototype during a test drive at Sodegaura Forest Raceway in Sodegaura, Chiba Prefecture, Japan, on Wednesday, Feb. 1, 2023. The fifth generation of Prius, with bigger wheels and a sportier design, offers three different hybrid powertrain options. Photographer: Nicholas Takahashi/Bloomberg

Toyota launches EV Life-powered incentive tool

byAmanda Harris

March 14, 2023

Toyota has launched an electric vehicle incentive tool powered by EV Life that allows customers to calculate potential EV savings ...

A Mercedes-Benz EQC electric vehicle connected to a charger inside a Mercedes-Benz AG showroom in Berlin, Germany

Tenet’s $20M warehouse line with SVB in jeopardy

byAmanda Harris and Joey Pizzolato

March 14, 2023

The future of EV financing startup Tenet’s $20 million warehouse line with Silicon Valley Bank is at risk following the ...

Listen: Weekly Wrap discussion on indirect auto exit, Carvana

byRiley Wolfbauer

March 13, 2023

The past week was marked by shifting dynamics in auto finance, with Mechanics Bank exiting the indirect auto lending business, ...

The Lion C electric school bus is assembled at the Lion Electric assembly plant in Saint-Jerome, Quebec, Canada, on Thursday, Oct. 13, 2022. Lion Electric Co. designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles, including seven mid range truck and bus models. Photographer: Christinne Muschi/Bloomberg

Mitsubishi HC Capital Canada to finance Lion Electric EVs

byJohnnie Martinez II

February 28, 2023

Mitsubishi HC Capital Canada and ENGS Commercial Finance are providing financing to electric vehicle manufacturer Lion Electric for the company’s ...

Hyundai launches national EV subscription service

byAmanda Harris

February 23, 2023

Hyundai Motor America is scaling its electric vehicle subscription service nationally following a 2021 pilot program. The EVOLVE+ program allows ...

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Tag: electric vehicles

Ford sees electric-vehicle losses growing to $3B in 2023

DriveItAway aims to tap into Fortune 1000 companies

Apex Motors unveils EV supercar in the US

Toyota launches EV Life-powered incentive tool

Tenet’s $20M warehouse line with SVB in jeopardy

Listen: Weekly Wrap discussion on indirect auto exit, Carvana

Mitsubishi HC Capital Canada to finance Lion Electric EVs

Hyundai launches national EV subscription service

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