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Why Car Dealerships Should Invest in Public Charging

EV Connect

million vehicles sold in the U.S., which is almost 8 percent of vehicle sales. Cox Automotive anticipates that the EV share of the US market will reach 10 percent. Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. increased from 1 6.5 percent to 55.1

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. million in cash. Priscilla Lu, ZAP Board Chair.

China 218
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Chevrolet to Produce 10,000 Volts in 2011 and 30,000 in 2012; 50-State Availability 12-18 Months After Launch

Green Car Congress

Chevrolet plans to produce 10,000 Volt extended range electric vehicles by the end of the 2011 calendar year, and an additional 30,000 Volts during the 2012 calendar year, according to Volt Marketing Director Tony DiSalle, who made the announcements during a live video webcast 1 July. Tags: Electric (Battery) Hybrids.

Volt 223
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Ford Terminates Mercury Brand, Expands Lincoln Lineup with Focus on Fuel Efficiency

Green Car Congress

end production of Mercury vehicles in the fourth quarter of this year to fully devote its financial, product development, production and marketing, sales and service resources toward further growing its core Ford brand while enhancing the Lincoln brand. Plans for Lincoln include: Lincoln’s first-ever C-segment vehicle.

Mercury 218
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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Ford is opening 66 new dealerships in China by the end of the year. Ford will have added 100 new dealerships in China in 2010, bringing its total number of outlets here to 340. The newer dealerships are located primarily in the fast-growing second- and third-tier cities located in western and northern China.

Asia 199
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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license rights necessary for the manufacture of HUMMER vehicles. It will also assume the existing dealer agreements relating to HUMMER’s dealership network.

Hummer 210
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Ford and Azure Dynamics to Collaborate on Transit Connect Electric for Europe

Green Car Congress

Michigan-based Azure began work on its collaborative agreement to deliver the pure battery-electric powertrain for the Transit Connect in the US and Canada in October 2009 following the end of Ford’s partnership with Smith Electric Vehicles US on that project ( earlier post ). A plug-in hybrid-electric vehicle also to be introduced in 2013.