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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.

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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. Others likewise said that it should be the market driving EV sales, not pressure from the government.& EVs are definitely not a want of our guests today.

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Kia Motors to launch 7 new BEVs by 2027; BEVs to account for 25% of Kia global vehicle sales by 2029

Green Car Congress

Kia Motors Corporation previewed its global electric vehicle (EV) business strategy; the brand will launch seven new dedicated BEVs by 2027 across several vehicle segments. By refocusing our business on electrification, we are aiming for BEVs to account for 25% of our total worldwide sales by 2029. —Ho Sung Song.

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng will also support NEVS to achieve the new energy vehicle mass production. million units in 2014 and 1.83

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Nikola Announces Commercial Launch Of Hydrogen Fuel-Cell Truck

Electric Cars Report

Nikola Corporation, via its HYLA brand, achieved a significant milestone as it celebrated the commercial launch of the Nikola hydrogen fuel cell electric vehicle at its state-of-the-art manufacturing facility in Coolidge, Ariz.

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Mahindra Electric leads electric tricycle sales in January 2023

Electric Vehicles India

Mahindra Electric, Yatri EV, Mayuri, Citylife, and Mini Metro were among the top five electric tricycle retail sales in January 2023 Sales of electric tricycles in India have reached new heights with over 32,000 units sold in January 2023. Mahindra Electric secured the top spot on the sales list.

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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)

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