Electric vehicles are expensive: Tenet aims to cut your bill –
Summary
The auto industry is banking on electric vehicles to slash planet-cooking emissions, but EVs are still too expensive to knock gas-guzzlers out of the game. For now, at least.Sure, EV sales are up, maintenance costs are low and gas prices are high, making combustion engines look all the worse. Tenet also expects its partners to point customers in its direction.Tenet doesnt actually lower an EVs sticker price, so buyers will still need to be able to afford one a whopping $56,437 on average if they buy new, per Kelley Blue Book. But shaving the upfront price could help more buyers benefit from cheaper upkeep and lower refueling costs.Tenet exclusively works with sustainability and ESG-focused institutional investors and capital markets, CEO Alex Liegl told TechCrunch. Down the line, Tenet says it may also get into financing zero-emission home upgrades, which could include EV chargers, heat pumps and the like.