automotive

Volkswagen Pushes India For Lower EV Import Tax
Volkswagen Pushes India For Lower EV Import Tax
August 10, 2021  |  Taxes

Volkswagen has joined Tesla in urging Indian officials to lower the import taxes they impose on electric cars, a move that the firm says is...

READ MORE >
Turo Submits Draft Registration For Proposed IPO
Turo Submits Draft Registration For Proposed IPO
August 09, 2021  |  IPO

Carsharing firm Turo Inc., on Monday (Aug. 9) confidentially submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) for...

READ MORE >
India Considers Reducing EV Import Duties
India Considers Reducing EV Import Duties
August 09, 2021  |  International

India could cut import duties on electric vehicles to as low as 40 percent, a move that arrives in the wake of a visit by...

READ MORE >
Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
August 09, 2021  |  Investments

Moove, an African FinTech company, on Monday (Aug. 9) announced that it has obtained $23 million in Series A funding to provide revenue-based vehicle financing...

READ MORE >
UK’s JustGoEV Debuts EV, Hybrid Vehicle D2C Sales Site
UK’s JustGoEV Debuts EV, Hybrid Vehicle D2C Sales Site
August 09, 2021  |  eCommerce

JustGoEV has rolled out a new online market for new and used electric, plug-in hybrid and hybrid cars, a FleetNews report says. The site, according...

READ MORE >
The Week In Payments: BNPL’s Collaborative Future And EVs’ Future On The Road 
The Week In Payments: BNPL’s Collaborative Future And EVs’ Future On The Road 
August 06, 2021  |  Innovation

The term “dog days of summer” generally refers to the hottest period of the season, when temperatures are at the highest and humidity levels hit...

READ MORE >
Carvana Revenue Up 200 Pct As Used Cars Remain Hot
Carvana Revenue Up 200 Pct As Used Cars Remain Hot
August 06, 2021  |  Retail

Online car dealership Carvana’s revenue went up almost 200 percent in the second quarter of 2021 from the same time a year ago, and the...

READ MORE >
As Chip Shortage Mounts, Connected Cars Move To The Back Seat
As Chip Shortage Mounts, Connected Cars Move To The Back Seat
August 06, 2021  |  Commerce Connected

The chips are down for the future of connected cars, with the global shortage of semiconductors showing no signs of abating. Indeed, auto industry executives...

READ MORE >
Biden: EV Should Be Half Of Auto Sales By 2030
Biden: EV Should Be Half Of Auto Sales By 2030
August 05, 2021  |  Innovation

Electric vehicles should be half of all new auto sales by 2030, President Joe Biden said, according to senior administration officials, a goal supported by...

READ MORE >