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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.

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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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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. This also expresses our confidence for the future business development.

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Valeo acquires electric supercharger business from Controlled Power

Green Car Congress

As part of its strategy of developing solutions to reduce CO 2 emissions, Valeo has acquired the Variable Torque Enhancement System (VTES) ( earlier post ) business of UK automotive technology development company Controlled Power Technologies (CPT). VTES will be integrated into Valeo’s Powertrain Systems Business Group with immediate effect.

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Tesla makes ~$2.8B all-stock offer to acquire SolarCity

Green Car Congress

We’ve seen this all firsthand through our partnership with SolarCity on a variety of use cases, including those where SolarCity uses Tesla battery packs as part of its solar projects. More succinctly, Musk noted in a conference call that Telsa had considered the deal “blindingly obvious” for awhile.

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Volkswagen to rebrand used car biz, plans future investments – ET Auto

Baua Electric

This comes as part of the carmaker’s global revamp plan, which starts this year and is expected to complete by 2026. Volkswagen’s market share in the Indian new car market is less than 2%, but about 30%- 35% of its sales come from exchange programs during new car buying.

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BMW Q2 recruit penetration grew greater than 40%

Baua Electric

BMW and its captive finance arm listened, after spoke back with systems to produce leasing extra compelling. A: Within the first part of the future, leasing penetration higher just about 30 p.c Leasing is a good gross sales instrument for sellers to develop emblem commitment and store consumers inside the BMW ecosystem.

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