News
Leases 64% of Ally Financial’s EV originations
Ally Financial originated $639 million in battery and hybrid EV leases during the second quarter, spurred in part by the bank’s most recent relationship with the manufacturer, formed in March. The bank’s EV originations totaled just over $1 billion in the second quarter, of which 64% were leases, up 6 percentage points sequentially and 14 percentage points year over year, according to […]