article thumbnail

Jeep shows off its Recon Moab 4xe electric vehicle concept to dealers [Images]

Electrek

The EV concepts were recently shown at a dealer’s conference for the first time in person. more… The post Jeep shows off its Recon Moab 4xe electric vehicle concept to dealers [Images] appeared first on Electrek. Check out the images below.

Jeep 143
article thumbnail

Tesla direct sales under threat from dealer-backed bills in Florida

Teslarati

According to the National Conference of State Legislatures, Florida Statute 320.645, “manufacturers may engage in direct-sales of motor vehicles provided there are no franchised dealerships selling such vehicles within the state.” Currently, there are no restrictions on direct-to-consumer sales in Florida.

Florida 100
article thumbnail

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. The deal follows an initial Memorandum of Understanding for Cooperation signed by VinFast and BAT at the United Nations Climate Change Conference 2023 (COP 28), held in the United Arab Emirates (UAE) last year.

Dealers 52
article thumbnail

‘Stop looking FSD and Tesla,’ says Ford CEO

Teslarati

It’s got half a million subscribers with 50% gross margin,” said Farley on Thursday during the Wolfe Research conference. In November 2023, Ford dealers were opting out of the Model e EV certification program. At the time around 400 dealers dropped out of the program since the initial enrollment figures were shared.

Ford 145
article thumbnail

BYD sets lower sales growth & warns of looming price war

Teslarati

BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai. million units this year, 20% more compared to 2023’s 3.02 million units.

BYD 127
article thumbnail

Fisker to report its Q4 2023 earnings: Here are investors’ top questions

Teslarati

The electric vehicle startup is currently facing a number of challenges, such as a low stock price, missed targets, a pivot to franchised dealers, and negative reviews of the Fisker Ocean. Fisker announced a shift to franchised dealers as well, and the company missed its targets for the Ocean last year. Fisker Inc. PT (5:00 p.m.

Fisker 108
article thumbnail

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. In some cases, dealers outright discouraged PEV purchases.

Davis 290