EV sales near 8% of US new vehicle market
Green Car Reports
JANUARY 31, 2024
EV sales will reach 8.0% new vehicle market this month, S&P Global Mobility has predicted. of the total U.S.
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Green Car Reports
JANUARY 31, 2024
EV sales will reach 8.0% new vehicle market this month, S&P Global Mobility has predicted. of the total U.S.
Green Car Congress
JULY 16, 2019
In the US, the used light-duty vehicle market is more than twice the size of the new light-duty vehicle market for each year shown. Used vehicle sales for 2018 were 40.2 million vehicles, while new vehicle sales were 17.2
Green Car Congress
SEPTEMBER 29, 2022
VIA Motors, a provider of electric drive technology and sustainable mobility solutions for a wide variety of Class 2 – 5 electric commercial vehicles applications, has received a purchase order for 2,000 Class 3 VIA electric cutaway chassis cabs from Pegasus Specialty Vehicles.
Green Car Congress
AUGUST 24, 2023
Maserati, the Italian luxury and performance automotive brand and the only luxury brand of the Stellantis Group, is partnering with Future Energy to electrify its dealer network. This partnership proves Maserati’s dedication to helping their dealers adapt their business processes and embrace the future of electrification.
Green Car Congress
JUNE 4, 2021
Ford electrified vehicle sales grew 184% in May, achieving a new electrified vehicles sales record of 10,364 vehicles. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs. Total F-Series truck sales through May were up 4.7% on sales of 316,359 trucks.
Green Car Congress
APRIL 30, 2020
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.
CleanTechnica EVs
MARCH 10, 2024
Car dealers have been an issue for electric vehicle sales during this whole modern electric vehicle era. continued] The post Surprise, Surprise: Car Dealers Say Biden Moving To Fast On EVs — Dragging Their Feet Again appeared first on CleanTechnica. One of the.
Baua Electric
JANUARY 31, 2024
EV sales will reach 8.0% new vehicle market this month, S&P Global Mobility has predicted. S&P expects this uncertainty to be a temporary speed bump to EV sales; in late 2023 it declared that it was doubling its U.S. EV sales forecast for 2030 due to the anticipated positive impact of IRA provisions.
Teslarati
MAY 15, 2023
A new report finds that Tesla accounted for roughly $700,000 in lost gross profit per dealer in California during 2022. One of the most substantial hurdles facing traditional automakers currently is their sales systems. The new report published by Automotive News included the sales of three top D2C carmakers, Tesla, Rivian, and Lucid.
Green Car Congress
DECEMBER 17, 2021
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., To date, the ID.4
Teslarati
FEBRUARY 29, 2024
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. It also plans to establish service centers for VinFast EV owners.
EV Central
APRIL 16, 2024
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. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. MG ZS EV Long Range.
Green Car Congress
SEPTEMBER 26, 2020
The California Center for Jobs & The Economy has released an updated report ( earlier post ) on the progress of ZEV sales in the state during the first half of 2020, drawing on sales data from the California New Car Dealers Association (CNCDA). Sales nationally were down 23.5%. million by 2025. in H1 2019 to 5.8%
Baua Electric
FEBRUARY 2, 2024
Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.
Teslarati
FEBRUARY 6, 2024
Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 6 electric vehicle (EV) into Germany. In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 6 EV for sale to customers in Germany. 6 vehicles built by FAW-VW from an authorized VW dealer in China.
Electric Driver
NOVEMBER 16, 2023
The Sierra Club recently conducted a survey revealing that a staggering 66 percent of dealerships had no electric vehicles (EVs) available for sale. This raises the important question: what motivates some car dealers […] The post Why Some Car Dealers Resist Selling Electric Vehicles appeared first on Electric Driver.
Green Car Congress
JANUARY 9, 2023
India’s sales of new vehicles totaled at least 4.25 New vehicles delivered in India totaled 4.13 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 In Japan, 4,201,321 vehicles were sold in 2022, down 5.6% million vehicles sold.
The Truth About Cars
FEBRUARY 1, 2024
A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. Others likewise said that it should be the market driving EV sales, not pressure from the government.&
Baua Electric
JANUARY 4, 2024
has announced a new EV sales strategy that remains asset-light but can help boost sales of its flagship Ocean model. This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. Fisker Inc. Fisker Inc. ($FSR) Source: Fisker Inc. Fisker Inc.
Green Car Congress
DECEMBER 13, 2022
According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. Sales volumes in November were up year over year by more than 11%, but down from October. of total sales in November from 17.8%
Green Car Congress
MARCH 4, 2021
Sales of Ford’s Mustang Mach-E totaled 3,739 vehicles in its first full month on the market. With the fully electric Mustang Mach-E, Ford F-150 PowerBoost Hybrid and Escape and Explorer hybrids, overall electrified vehicle sales rose 56.1% year-on-year to a new February record of 9,267 vehicles sold.
Baua Electric
JANUARY 7, 2024
Read more FADA is betting big on new car launches, positive consumer sentiments, high demand for SUVs, and improved availability of cars for short and long-term passenger vehicle sales growth in 2024. This comes after the Indian automobile industry registered sales of more than 41 lakh passenger vehicles in 2023.
Green Car Reports
DECEMBER 8, 2023
of new-vehicle sales in the U.S. But much recent discussion has focused on the increasing number of EVs on dealer lots, which is taken as an indication that EV demand is. Recent coverage of increasing EV inventories is missing the point, J.D. Power argues in a new report. EVs accounted for 8.2%
Teslarati
MARCH 29, 2024
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.
Green Car Congress
APRIL 16, 2020
Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. EV sales are expected to reach 25% of the Chinese market by 2030. LCV market.
Green Car Congress
FEBRUARY 26, 2020
As part of California’s AB 32 climate change program, Executive Order B-48-18 administratively created a goal of 5 million zero-emission vehicles (ZEVs) on California roads by 2030. Using this more flexible interpretation that includes both true ZEVs and combustion PHEVs, total PEV sales since 2009 account for 13.4% million by 2025.
Baua Electric
MARCH 12, 2024
Just like passenger cars, commercial vehicles are traditionally sold through dealerships, and these dealerships must also make investments in new facilities and training in order to sell EVs. Daimler subsidiary Detroit eConsulting will work with customers to help them understand their infrastructure and vehicle optimization needs.
Teslarati
FEBRUARY 5, 2024
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
Green Car Congress
NOVEMBER 18, 2020
The California Center for Jobs & The Economy has released an updated report ( earlier post ) on vehicle sales and the progress of ZEV sales in the state for Q3 2020. The report is based on sales data from the California New Car Dealers Association (CNCDA). in 2019, according to the CNCDA. Source: CNCDA.
Green Car Congress
MAY 10, 2022
More than 250,000 Californians have now received a financial Clean Fuel Reward at the point of sale when they purchased or leased a plug-in electric vehicle—an important milestone for this program after only 18 months since it began. Of the total rewards, 21.2%
Baua Electric
MARCH 5, 2024
Photo: Daimler Trucks North America Daimler Truck North America just launched a dealer certification program to ensure a “world-class” experience for its electric truck buyers. The goal is to certify 100 electric truck dealer locations by 2025. However, the certification is optional for dealerships.)
Teslarati
FEBRUARY 27, 2024
The Biden Administration is on track to meet its 2030 electric vehicle (EV) sales goal, said Energy Secretary Jennifer Granholm. Granholm recently visited an electric vehicle battery plant in Moses Lake, Washington. million electric vehicles sold. million electric vehicles sold. In 2023, the US saw a record of 1.2
Electric Vehicles India
APRIL 1, 2023
lakh India’s electric vehicle market is booming with the launch of the country’s first motorcycle with a 7-inch Android display, the Odysse VADER Electric Bike. The highly anticipated Odysse Vader can now be pre-ordered on the company’s website and at any of its 68 points of sale nationwide.
CN EV Post
MARCH 9, 2023
A rare price stampede is taking place in the Chinese auto market. In the past two days, rumors have surfaced that BMW dealers are offering massive subsidies for the i3 in China, and that consumers who pay full cash for the car can even get the model for RMB 120,000 to 180,000, less than half the retail price.
Green Car Congress
SEPTEMBER 16, 2020
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. Kia also released an early sketch of several of the brand’s future dedicated Battery Electric Vehicles (BEVs). —Ho Sung Song.
Green Car Congress
AUGUST 19, 2020
In this study, I examined the relative expenditures on motor vehicles in the United States from March through June 2020—the first four months of the current pandemic. The raw data for the calculations—seasonally adjusted dollar amounts of sales for each month—came from the U.S. of the total sales. March 2020.
The Truth About Cars
JUNE 2, 2023
That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. CarEdge recently released a report on the vehicles that sit on dealers’ lots the longest, and one Jeep model shows more than two years of supply.& & [Image: Jeep] Become a& TTAC& insider.
Plug in America
MARCH 11, 2022
On March 11, at the National Automobile Dealers Association (NADA) Show in Las Vegas, Plug In America announced that it is partnering with NADA and the Center for Sustainable Energy (CSE) to educate franchised auto dealerships nationwide on electric vehicles. said NADA president and CEO Mike Stanton.
The Truth About Cars
MARCH 18, 2024
The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. Without a dealer network to act as a financial buffer between it and buyers, Tesla’s numbers look worse the more vehicles it has sitting in inventory.
Baua Electric
FEBRUARY 28, 2024
Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. The Vietnamese automaker sees Oman as a new market that promises plenty of projected growth.
Baua Electric
FEBRUARY 7, 2024
China exported 4,43,000 vehicles in January 2024, accounting for 18.2% of the total sales, while nearly one out of seven NEVs sold during the month was also exported, CAAM data shows. China’s new energy vehicle sales fell 38.8% China’s new energy vehicle sales fell 38.8% million units, up 47.9%
Green Car Congress
APRIL 15, 2022
Heliox, a global leader in DC charging systems for medium- and heavy-duty vehicles, announced a supply agreement with PACCAR Parts to support the rollout of PACCAR’s electric vehicles. Heliox will supply mobile 25kW and 50kW chargers to PACCAR’s dealers and customers who are building their electric truck fleets.
Green Car Congress
SEPTEMBER 2, 2021
—Klaus Zellmer, Board Member for Sales and Marketing at Volkswagen. In addition, Volkswagen will be launching its online leasing and sales offerings in Germany toward the end of 2021. family, but the platform will later be made available to dealers to offer combustion engine and hybrid vehicles as well.
Electric Vehicles India
MARCH 4, 2023
The sale of electric vehicles surpassed 100,000 units in February for the fifth month in a row Electric vehicle (EV) sales in India have passed the 100,000 milestone for the fifth consecutive month. There were 10.09.911 electric vehicles sold in the 2022 financial year, for the first time exceeding one million.
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