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Bank of America to offer financing for electric car.

Global Banking News-16 July 2009-Bank of America to offer financing for electric car(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 16 July 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Bank of America Corp (NYSE: BAC) is to provide financing for Tesla Motor's electric car.

Tesla Motors said that the bank would provide financing for the purchase of its all-electric Roadster sports car. The company hoped that the financing would make the car affordable for a larger number of customers.

The car currently has a starting price of USD109,000.

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Publication:Global Banking News (GBN)
Date:Jul 16, 2009
Words:118
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