Even Electric Partners With Microsoft for EV Sales Platform

  • Emma Sandler
  • July 10, 2017
Even Electric and Microsoft inked a deal to sell electric vehicles on a new “smart trading platform,” which Even Electric hopes will become the “go-to” for OEMs’ electric vehicles, Gisli Gislason, chief executive of Even Electric, told Mobility Finance. “In order to get cars to users, you need to simplify the system,” Gislason said. “The dealership network doesn’t work […]

U.S. Bank Offers Fleet Managers More Control With New Partner

  • Natalie Mattila
  • June 5, 2017
U.S. Bank will team up with a vehicle maintenance specialty provider within 30 days to allow drivers to use Voyager Fleet Card to authorize, arrange, and pay for vehicle repairs while enroute, Mobility Finance has learned. “For the Voyager Fleet Card, we are looking to create a partnership … that will allow a workflow between […]

Alibaba Financial Arm Provides $7.3 Billion for Financing EVs

  • Emma Sandler
  • May 31, 2017
Alibaba Group’s subsidiary Ant Financial will provide $7.3 billion to provide financial assistance to delivery drivers participating in Cainiao Network’s partnership with carmakers SAIC Motor and Dongfeng Motor, the company announced yesterday. Cainiao Network, Alibaba’s data-driven logistics subsidiary, formed the partnership to manufacture one million green-energy delivery vehicles equipped with Cainiao’s AI technology in a bid to boost the efficiency and […]

OEMs May Raise Incentives on EVs, Experts Say

  • William Hoffman
  • May 23, 2017
SAN DIEGO — Manufacturers may be forced to highly incentivize electric vehicles to comply with state laws, despite the cars’ continued low residual values, experts said during a panel discussion at the Auto Finance Risk and Compliance Summit last week. Electric vehicles on the market today have not retained their value, which makes it more difficult for lenders to underwrite, […]

EVs to Drive ‘Major Transformation’ in Carsharing, Researcher Says

  • Natalie Mattila
  • May 22, 2017
SAN DIEGO — Carsharing is in the early stages of a “major transformation” that will continue over the next decade, driven in part by greater penetration of electric vehicles in carsharing fleets, John Gartner research director at Navigant Research, said during a presentation at Auto Finance Innovation 2017 last week. The electric vehicle carshare fleets will […]
Page 1 of 41234 »