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BYD profits decline 47% quarter-over-quarter in Q1 2024

Teslarati

The Chinese automaker beat Tesla in terms of volume deliveries in Q4 2023 but lagged behind the US electric vehicle (EV) manufacturer in Q1 2024. For comparison, Tesla’s deliveries also declined in the first quarter by 8.5% For comparison, Tesla’s deliveries also declined in the first quarter by 8.5%

BYD 107
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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

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers.

Davis 290
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Latest Tesla referral programs draw new CA dealer lobby complaint

Green Car Reports

Tesla has once again ruffled the feathers of the California New Car Dealers Association with a new round of referral programs. The Silicon Valley automaker has used referral programs for years; they usually provide perks for current owners who get friends, coworkers, and colleagues to buy a new Tesla vehicle.

Dealers 93
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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association.

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Stellantis partners with CARB to reduce carbon emissions

Teslarati

According to the agreement, Stellantis pledges to expand and strengthen its efforts toward electrification, including by supporting the education of United States consumers and dealers on the benefits of electric vehicles (EVs). The legacy automaker is collaborating with Veloz to educate consumers and dealers in the United States.

Carbon 109
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Car Dealer 101: electric cars that aren't charged won't sell

Green Car Reports

Electric-car owners and advocates have a tenuous relationship with the franchised independent car dealers who are the only legal way to buy a new vehicle in the U.S. Tesla excepted, if you want to buy a new car, you have to go to a dealership over which the carmaker has only limited control. Horror stories abound.

Dealers 111
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California cumulative PEV sales at 13.4% of 2030 goal; true ZEVs at 7.6%

Green Car Congress

Additionally, FCEVs (fuel cell electric vehicles) also would count towards the ZEV total, but CNCDA (California New Car Dealer Association) data show total market share for these vehicles to date at around 0.1%. The California BEV market consisted largely of sales from Tesla, which accounted for 2/3 of BEV sales in the fourth quarter of 2019.