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VinFast signs first dealer agreement in the Middle East

Teslarati

VinFast signed its first dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) in the Middle East. Under the agreement, VinFast electric vehicles (EVs) will be distributed in the Oman market through its official dealer, BAT. Abdullah Ahmed Suhail Bahwan, Executive Director of Bahwan Automobiles Trading.

Dealers 70
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Volkswagen of America to invest $20M in 50-state EV dealer readiness program

Green Car Congress

With sales and reservations for the all-electric ID.4 In addition, Volkswagen has launched a dedicated EV Technician Retention Program to support dealers to boost training, incentivize their highly skilled technicians, and recruit new talent equipped at addressing the EV shift. Volkswagen of America, Inc.,

Dealers 366
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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

India’s sales of new vehicles totaled at least 4.25 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 New vehicles delivered in India totaled 4.13

India 218
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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.& Electric vehicles are exciting.

Dealers 104
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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. million units. year-over-year.

BYD 103
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. Registrations fell in all 27 markets, but with varying severity. million units.

Europe 261
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California made up a third of all U.S. BEV sales in 2023

Teslarati

California battery-electric vehicle (BEV) sales made up more than a third of all BEV sales in the U.S. last year, ahead of the state’s sales ban on new gas cars set for 2035. percent of BEV sales across the U.S. percent of BEV sales across the U.S. market share of BEVs ended the year at 7.5