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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. Sales volumes in November were up year over year by more than 11%, but down from October. of total sales in November from 17.8%

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Booking Holdings invests US$500M in DiDi Chuxing; DiDi partners with Continental

Green Car Congress

China-based Didi Chuxing, the world’s leading one-stop mobile transportation platform, and Booking Holdings, a global leader in online accommodations and travel e-commerce, have entered into a strategic partnership. Booking Holdings has invested US$500 million in DiDi, recognizing DiDi as a leader in the mobile transportation industry.

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Automobile tech billionaire Austin Russell acquires majority stake in Forbes album

Baua Electric

billion marketplace capitalization, posted gross sales of $40.7 Built-in Whale will book one board seat. The post Automobile tech billionaire Austin Russell acquires majority stake in Forbes album appeared first on Bauaelectric Auto News. Russell is the CEO of Luminar Applied sciences Inc., The corporate, which has a $2.1

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AI helping make automobiles safer; data to be in hands of rider, says Ather CEO – ET Auto

Baua Electric

Its applications are finding uses in every other sector, and automobile is a prominent example. The technology is helping automobiles with various abilities pertaining to safety, operations and performance, said Tarun Mehta , CEO of electric scooter manufacturer Ather Energy.

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Electric Vehicle sales peaked in Q4 2021, Tesla dominates market share with 72%: KBB

Teslarati

A new report from Kelley Blue Book indicates electric vehicle sales peaked in the United States in Q4 2021, accounting for 4.5 percent of all automobile sales in the final three months of the year. Tesla led all manufacturers in the EV segment with 72 percent of all EV sales for the year. million, it says.

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Auto dealers bet big on new launches, positive sentiment for car sales boost

Baua Electric

Read more FADA is betting big on new car launches, positive consumer sentiments, high demand for SUVs, and improved availability of cars for short and long-term passenger vehicle sales growth in 2024. This comes after the Indian automobile industry registered sales of more than 41 lakh passenger vehicles in 2023.

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Toyota forecasts file manufacturing, gross sales and benefit this FY

Baua Electric

TOKYO — Eastern auto titan Toyota will quickly throw discoverable the manufacturing facility faucets in order all-time top manufacturing output, file world gross sales and a best-ever running benefit stage. and assemble a powerful benefit construction to charity Toyota’s presen funding in electrical automobiles. This is up 7.8

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