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Fisker Pauses Production And Raises $150m, Holds Out For OEM Rescue

Carscoops

The $150 million injection – provided in four tranches, or installments – won’t be enough to secure the brand’s long-term future, but it could help keep the bankruptcy wolf from the door long enough for Fisker to strike a deal with the large automaker it’s been talking to.

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Electric vehicles will need 'battery passports' to enter EU from 2027

Autocar

Battery passports are intended to shine light on supply chains and the pre-production process Digital document will detail provenance, state of health, and more Battery passports will be mandatory for electric vehicles sold in the European Union from February 2027 to provide greater visibility of what has gone into them and where it has come from.

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Rivian R1S Now Available For Lease, But It’ll Cost You

Carscoops

advertisement scroll to continue Read: Rivian Misses Q4 2023 Sales Target, Is 2024 Going To Get Even Worse? The good for lessees is that both the R1S and R1T qualify for a $7,500 tax credit under the clean vehicle program when leased. This translates to an estimated monthly lease payment of around $1,056 on a 36-month term.

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Streamlining Dealership Operations with Telephony Solutions

Call Revu

by CallRevu Hosted Phone System Training is Key Hosted telephone systems can benefit dealerships in a multitude of departments, from service to sales. They can help sales teams predict consumer and potential customer behaviors based on identifying facts and situations.

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Why You Should Care About Good Credit Auto Financing?

3 Brothers Autosale

Your credit score is a numerical representation of your creditworthiness, and a higher score opens doors to lower interest rates and better loan terms. Armed with favorable financing terms, you have the upper hand in negotiations. Obtain pre-approval from a financial institution to set a budget and streamline the car-buying process.

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Australian Government aims to boost EV uptake with low-interest loans

CarExpert

Interest rates on these loans will be up to five percentage points lower than standard rates, which the government says could save EV buyers more than $8000 for a $40,000 loan with a seven-year term. The $55,000 cutoff would mean only one brand-new Tesla would qualify: the base Model 3 RWD. per cent in a market up by 1.7 per cent.

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90% of Auto Dealers/Lenders Link AI-based Pricing to Inaccurate Quotes

Dealer World

Adding further challenge is the fact that over half of lenders and dealers report that payment terms are negotiated with the online customer before a lender decision. Negotiating payment terms before a lender decision is a recipe for consumer dissatisfaction and deal rewinds.” 89% Dealers/84% of Lenders). 94% Dealer/92% Lender).