UK Car Lending

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Aug 01, 2022 1:54:11 PM UTC


North Carolina banks and credit unions offer lower rates for electric vehicle loans

Jul 31, 2022 | Excerpt from the Winston-Salem Journal

“…several banks and credit unions serving the [North Carolina] Triad offers EV loan deals with interest rates as low as 1.99%.

“Bank of America Corp. offers auto loan rates of 4.24% APR for a new EV, 4.44% for a used EV…and 5.19% for refinancing.

“Truist Financial Corp. recently launched…an email campaign…with the tagline, Electric Vehicle Financing that’s always up to date at 3.38% APR for those ‘with great credit.’

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From Paris to Berlin in one hour: welcome to the future of high-speed train travel in Europe

Jul 31, 2022 | Excerpt from Euronews

“The European Commission plans to double high-speed rail traffic by 2030 and triple it by 2050,

“Trains already boast impressive green credentials when you consider their high degree of electrification compared to other modes of transport…As things stand, they are only responsible for 0.5% carbon emissions within the EU.”

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Electric vehicles won’t kill the gas station. They will redefine it.

Jul 31, 2022 | Extract from the Protocol

“…important lessons for the EV charging industry to learn from the humble service station [that] have had negative environmental impacts on their neighborhoods, in some places – especially communities of color – gas stations are an important part of the societal fabric.

The Biden administration, for its part, has pledged to ensure that 40% of federal climate and energy investments benefit disadvantaged communities. »

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Chase the sun in this solar-powered motorhome

Jul 31, 2022 | Taken from Gizmodo

“A team from the Eindhoven University of Technology in the Netherlands has created Stella Vita, an electric-powered motorhome that features solar panels to recharge its batteries.

“On its roof, the motorhome has up to 180 square feet of solar panels, which charge a 60kWh battery to power the van as it drives…the battery provides up to 595 miles of range …solar cells ..add an extra 129 km of range on a sunny day.”

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Arizona startup is reinventing the wheel for a cleaner environment

Jul 31, 2022 | Excerpt from Brighterside News

Global Air Cylinder Wheels… has developed a new type of wheel that eliminates the need for polluting rubber tires.

“The patented ASW is a mechanical wheel constructed primarily of steel with air suspension in the wheel via cylinders. It is both environmentally friendly and economical.”

Rubber OTR mining tires are expensive: for example, a typical 13,000 pound tire can cost up to $75,000 for a useful life of only 6-9 months. »

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Yes, You Can Still Get A Solid Workout On An Electric Bike – Here’s How

Jul 30, 2022 | Taken from the bike

“The beauty of an e-bike is that you can decide how much work it does… Most e-bikes have two levels of assistance – and you can switch between them – with the lower levels allowing you to preserve more battery – and increase your fitness more…

“If you want to combine a workout and a commute, an e-bike is ideal because it can help you get an aerobic workout while getting you to your destination faster.”

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AARP: Is it time to buy an electric car?

Jul 30, 2022 | Excerpt from AARP

“Anyone who’s driven a standard gas-powered car their whole life may be hesitant to embrace this new technology, especially when gas stations remain prevalent and public EV chargers are few. If you’re looking for a new car this year, or are just “EV curious”, here are some facts to consider.

“The Department of Energy has a good calculator to compare the costs of what you’re driving now versus an electric vehicle.”

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Small Bolivian automaker’s micro electric car hopes to tap into domestic lithium

Jul 30, 2022 | Excerpt from Autoblog

“But the irony is that, for now, Quantum has to get its lithium elsewhere”

“The company builds original small cars that can accommodate up to three passengers and do not exceed 55 km per hour. But… most drivers in Latin America do not travel long distances and do not have high average speeds due to chronic traffic jams. Quantum, a niche automaker based in the city of Cochabamba…has only produced 1,500 vehicles so far…”

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Climate change bill ‘transformative’ for auto and energy industries

Jul 30, 2022 | Excerpt from the NY Times

“Restoring credits would be huge for Tesla and General Motors, which have exhausted their quotas, as well as companies like Ford Motor and Toyota which will soon lose access to credits.

“A large portion of middle-class Americans will be able to get that credit that would otherwise be tied up because of the credit limit.”

“The bill, over 700 pages, never mentions China…but…

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London’s Formula-E shows the best of EVs – but investment in EV charging needs to increase

Jul 30, 2022 | Excerpt from the standard

“…the growing popularity of Formula-E coincides with…the rise in the adoption of electric vehicles around the world. Sales of electric vehicles have doubled to a new record high of 6.6 million in 2021 in the world.

“Electrifying our roads is a key part of the future and achieving net zero targets, and events like the London E-Prix help bring attention and excitement to the industry. ” The UK government has announced… that it will invest an additional £450m to increase public charging stations.”

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