Tag: tenet

The share of nonprime consumers financing EVs rose sharply over the past year and has doubled since 2020.   In the ...

EV financing startup Tenet is transitioning to a lending-as-a-service model to originate EV loans for credit unions, nonbank lenders and ...

The Biden administration last week revised its electric vehicle mandate and provided a longer runway for manufacturer and consumer adoption, ...

More automakers will likely cut prices and offer incentives on electric vehicles following changes to federal tax credit requirements.  Effective ...

Alex Liegl co-founded EV finance company Tenet in 2021 with the goal of combining financial technology and renewable energy to ...

Interest rates will largely dictate how financial institutions manage risk and maintain origination volume in 2024.  Elevated interest rates caused ...

The auto finance industry has navigated rocky waters this year as lenders, OEMs and consumers battled high interest rates, limited ...

Prime consumers have dominated electric vehicle purchases and financing, but for adoption to reach OEM benchmarks, near-prime and subprime consumers ...