California car financing newcomers are ready to seize on President Biden’s EV boom

By Mark Bergen | Bloomberg

Buying certain electric cars in the US just got cheaper, thanks to new tax credits meant to phase out gasoline-guzzlers.

And a wave of companies that let wary drivers lease or subscribe their way to an electric vehicle are making the most out of the government carrots. “They’ve got to be convinced,” says Andrew Krulewitz, founder of Zevvy, an EV financing startup. “Buying cars is a big deal.”

Zevvy, based in Hayward, California, offers six-month EV leases targeted at Uber drivers and others who spend considerable hours behind the wheel, giving them a different path into a Tesla, Chevy Bolt, or other electric model. The startup scraps the usual

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