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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Hertz, the largest U.S.

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Bob Iger reveals bots were already an issue when Disney tried to buy Twitter

Teslarati

Iger recently shared his experiences during an interview at the Code Conference. While Disney’s attempt to purchase Twitter in 2016 had been known for some time as it was part of Iger’s 2019 memoir, the former Disney CEO shared more details about the deal in his recent interview. We thought about developing ourselves.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

Limited engagement by dealers, poor purchase experience, or efforts to block innovations in the automotive retail sector could adversely impact sales and slow the growth of the nascent PEV market. Power 2013 Sales Satisfaction Index (SSI) study data on customer satisfaction with new car dealerships and Tesla stores.

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Luxurious new K1 SUV added to Porsche EV charge, Cayenne to go electric

EV Central

A luxurious new electric seven-seat SUV to sit above the soon-to-be-EV Cayenne SUV has been confirmed by Porsche as part of its increasingly electrified future model mix. Blume said the SUV would have significant sales growth potential in the China and the USA. “It

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Toyota accelerates EV commitment, confirms electric ute

EV Central

An electric ute that starts production by the end of 2023 is part of a dramatic acceleration of Toyota ‘s adoption of electric vehicles. million Toyota EV sales by 2026, compared to 24,466 in 2022. Koji Sato speaks at a Tokyo press conference on April 7 2023 announcing Toyota’s ramped-up EV commitment.

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Tesla (TSLA) Q4 and FY 2023 earnings call: How analysts are reacting

Teslarati

Tesla actually had a record 2023, with vehicle sales growing nearly 40% year-over-year in 2023 to over 1.8 million vehicle sales for 2024, which would translate to a growth of about 20%. Ives described the call, which provided some high-level long-term views on the company, as another “train wreck” conference call.

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Governors of 8 states sign MoU to put 3.3M zero-emission vehicles on roads by 2025; 15% of new vehicle sales

Green Car Congress

million ZEVs would represent a new vehicle market penetration for the group of states of about 15%, said Mary Nichols, Chairman of the California Air Resources Board (ARB), during a conference call announcing the agreement. US electric car sales in 2012 more than tripled to about 52,000 from 17,000 in 2011.

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