electric vehicles

JPMorgan Helps Volvo Enter Indian EV Market
JPMorgan Helps Volvo Enter Indian EV Market
March 08, 2023  |  Digital Payments

J.P. Morgan has assisted Volvo’s entry into the Indian electric vehicle market. The Swedish luxury carmaker’s XC40 Recharge is an exclusive direct-to-consumer (D2C) model powered...

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Flexible Leasing Options Drive Transition to Sustainable Mobility in Europe
Flexible Leasing Options Drive Transition to Sustainable Mobility in Europe
February 08, 2023  |  Subscription Commerce

Electric vehicles (EV) are driving the electrification of the European auto market. In the U.K., for example, 16% of all new car sales in 2022...

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How the Switch to EVs Is Changing Driving and Payments
How the Switch to EVs Is Changing Driving and Payments
February 02, 2023  |  Payments Innovation

As the era of the combustion engine winds down, its payment logic appears increasingly outdated. In its place, electrification is ushering in alternative models for...

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EV Subscription Service Onto Nets $124M Credit Facility
EV Subscription Service Onto Nets $124M Credit Facility
January 25, 2023  |  Subscriptions

The electric car subscription service Onto has secured a £100 million ($123.9 million) credit line. The London-based firm announced the new facility in a blog post on...

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US Car Sales Hit Lowest Level in 10+ Years
US Car Sales Hit Lowest Level in 10+ Years
January 04, 2023  |  Economy

When carmakers release their 2022 sales figures this week, they’re unlikely to bring good news. Across the industry, American auto sales are projected to be...

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Automakers: Car Chip Shortage Will Slow Adoption of EVs, Connected Cars
Automakers: Car Chip Shortage Will Slow Adoption of EVs, Connected Cars
December 20, 2022  |  Connected Economy

The car chip shortage that has bedeviled the auto industry this year isn’t going away. That’s according to a Tuesday (Dec. 20) report by the...

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EU Considers Mandatory Card Payment Terminals at EV Charging Points
EU Considers Mandatory Card Payment Terminals at EV Charging Points
December 07, 2022  |  Transportation

The European Parliament is considering making card payment terminals obligatory at all EV charging points. In fact, as electric vehicles (EVs) grow in popularity across...

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Millions Committed to Green Tech, Circular Economy Initiatives as COP27 Ends
Millions Committed to Green Tech, Circular Economy Initiatives as COP27 Ends
November 17, 2022  |  International

As world leaders prepare to wrap up negotiations at the COP27 climate summit in Egypt on Friday (Nov. 18), climate tech investment deals signed by...

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EV Manufacturing, Micro-Mobility Enable Middle East Transport Electrification
EV Manufacturing, Micro-Mobility Enable Middle East Transport Electrification
November 09, 2022  |  Transportation

As world leaders gather in Egypt this week for the COP27 climate summit, the question of how best to approach fossil fuels is being hotly...

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