EY’s New Blockchain System to Allow Shared-Ownership of Vehicles

Accounting and consulting firm EY, part of Ernst & Young Global Ltd., is launching a blockchain-based system that will allow both companies and groups of individuals to more easily share ownership of vehicles and access to cars and trucks. At its heart, blockchain is a distributed decentralized database technology that maintains a growing list of transactions, […]
  • Emma Sandler
  • September 11, 2017

3 OEMs Using Blockchain to Disrupt Auto Finance

Everything is ripe for disruption. Auto finance, in particular, is poised to be disrupted with the use of blockchain in the near and not-so-distant future. Blockchain is a public ledger of digital transactions that can be shared among a distributed network of computers; it allows participants on the network to securely manipulate the ledger without […]
  • Emma Sandler
  • May 1, 2017

EV Automaker Partners With Zoomcar to Help Buyers Offset Loan Payments

Mahindra Electric teamed up with peer-to-peer car-rental company Zoomcar in India, in an effort to help consumers offset monthly loan payments on Mahindra’s e2oPlus all-electric cars. Through the partnership, individuals can purchase the Mahindra e2oPlus on ZAP, Zoomcar’s car ownership program. ZAP allows consumers to then list the vehicle — whenever idle or available — […]
  • Natalie Mattila
  • April 12, 2017