Weekly Wrap: EV financing trends and auto’s post-pandemic resurgence
Last week, an Auto Finance News analysis provided a window into electric vehicle financing trends financed on Vroom’s platform, and ...
Tag: electric vehicles
Battery startup comes out of stealth to seize on investor frenzy
As automakers ramp up plans to electrify their fleets, battery startups are getting an investment boost. Massachusetts-based Factorial Energy has ...
Inside EV financing trends at Vroom
Electric vehicle financing hasn’t been clearly defined across the auto finance industry, but a look at EVs financed on Vroom’s ...
BMW joins Volkswagen in the race for next level EV batteries
BMW AG will build a prototype of a solid-state battery car before 2025, joining an accelerating race for a technology ...
‘Chargers everywhere’: Biden maps $174B path for EV boom
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to ...
EV financing likely to double in next five years
The share of electric and hybrid vehicle financing could reach double digits within the next five years. Electric and hybrid ...
BMW sees profit margin doubling and sets ambitious EV target
BMW AG said profitability will at least double this year as the luxury carmaker joined rivals in targeting a steep ...
Northvolt will be as vital to VW as Panasonic has been to Tesla
Northvolt AB’s massive battery-cell order from Volkswagen AG makes clear the startup will be as indispensable to the German manufacturer ...
