VinFast just added 12 new car dealers in the US
VinFast Auto (Nasdaq: VFS) today announced that it’s officially signed agreements with 12 new car dealers in the US.
Expand Expanding CloseVinFast Auto (Nasdaq: VFS) today announced that it’s officially signed agreements with 12 new car dealers in the US.
Expand Expanding CloseA strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future.
It’s awkward to be dragged kicking and screaming into a future that’s already here. Especially because if you don’t do it, you will be irrelevant.
Expand Expanding CloseNearly half of Buick dealers took buyouts from GM this year instead of committing to selling and servicing EVs.
Expand Expanding CloseOne of the US’s largest car dealership groups recently completed the installation of 10,000 solar panels on multiple dealerships.
Expand Expanding CloseSome media say EV demand is slowing, and other media claim there’s record demand. So what’s going on? ZETA’s Albert Gore and I chatted about it.
Expand Expanding CloseSixty-six percent of US car dealers don’t have any EVs to sell, and 45% said they wouldn’t sell them no matter what, according to a new report from Sierra Club about the EV shopping experience in the US.
Expand Expanding CloseThe Mississippi Senate has passed a bill that will stop electric car companies from opening their own dealerships in the state, ensuring that the state famous for being last place in many rankings of all 50 states remains there.
Expand Expanding CloseTesla vehicle drivers are familiar with completing most of the car-buying or leasing steps online. But according to new research from global business management consultants EY, not everyone is ready to ditch the car dealership experience. It’s a familiar car-buying experience, especially for those who haven’t yet switched to electric cars. But dealerships are going to have to adapt quickly to the changes brought by the arrival of electric cars, or they’ll be left behind.
Expand Expanding CloseIn today’s Electrek Green Energy Brief (EGEB):
German VW dealers failed to recommend the brand’s flagship electric car, the ID.3, to secret shoppers with a “suitable driving profile,” according to a new study by Greenpeace. Out of 50 dealers visited, only eight of them (16%) recommended the ID.3, and the percentage was even lower (4%) for customers who didn’t specifically mention they were considering the ID.3.
Expand Expanding CloseJ.N. Auto, a longtime independent car dealer in rural Quebec, made the transition from selling and servicing used gas vehicles to used electric over five years ago, and even more recently to being one of the largest independent retailers of brand-new Tesla Model 3s anywhere on the planet. Here’s the story of how an independent used car dealer took on new EV sales absent a franchise agreement.
A new bill, SB 167, has been introduced in Colorado which would allow electric vehicle manufacturers to bypass the state’s direct-sales ban.
The ban was first passed in 2010, which means Tesla’s store in the state is “grandfathered in,” though Tesla is not allowed to open other stores. It still has several locations in the state, but these are technically “galleries”
It seems like Tesla’s problems with direct sales laws are endless. After two consecutive small wins in Indiana and Utah, where state committees decided to temporarily table bills that would have prohibited Tesla to sell its cars directly to consumers, now the Virginia Automobile Dealers Association (VADA) filed a lawsuit against Tesla and the state’s Department of Motor Vehicles commissioner, Richard D. Holcomb, to stop the automaker from opening a second store in the state, according to Reuters.
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