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VinFast signs first dealer agreement in the Middle East

Teslarati

VinFast signed its first dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) in the Middle East. Under the agreement, VinFast electric vehicles (EVs) will be distributed in the Oman market through its official dealer, BAT. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.

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Plug In America partnering with National Automobile Drivers Association to train dealers nationwide

Plug in America

On March 11, at the National Automobile Dealers Association (NADA) Show in Las Vegas, Plug In America announced that it is partnering with NADA and the Center for Sustainable Energy (CSE) to educate franchised auto dealerships nationwide on electric vehicles. said NADA president and CEO Mike Stanton.

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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. He plans to attend the National Automobile Dealers Association convention and make a pitch to the auto dealers.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. Electric automobiles have, for whatever reason, been framed as a moral good by both industrial and government actors.

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Saab Automobile and Spyker enter into MOU with Pang Da Automobile on distribution/manufacturing partnership for China and equity participation

Green Car Congress

(Spyker) announced that it and Saab Automobile AB have signed a Memorandum of Understanding (MoU) with Pang Da Automobile Trade Co., Ltd (Pang Da), China’s largest publicly traded automobile distributor with more than 1100 dealerships nationwide. Pang Da shall make a €30 million (US$42.4

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VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. VinFast it taking a unique approach to its business in that it is simultaneously working to balance revenue growth through cost optimization while trying to manufacture and deliver 100,000 EVs.

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Lucid Motors, Rivian sued by Illinois car dealers for direct sales

Teslarati

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.