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Why Car Dealerships Should Invest in Public Charging

EV Connect

which is almost 8 percent of vehicle sales. Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. 2023 was a record year in EV adoption, with 1.2 percent to 55.1

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. million in cash.

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New Chrysler Group LLC and Fiat Finalize Global Strategic Alliance; New Global Brand-Focused Structure

Green Car Congress

Similarly, the United Auto Workers’ Retiree Medical Benefits Trust, a voluntary employees’ beneficiary association trust (VEBA) has been issued an equity interest in Chrysler Group equal to 55% on a fully diluted basis. Fong will be the lead executive for the Sales organization with enterprise-wide responsibility. Earlier post.).

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