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Toyota plans to launch its version of Baleno in India next fiscal

NEW DELHI: Japanese auto major Toyota is gearing up to launch its version of Suzuki’s premium hatchback Baleno in the Indian market in the second half of next fiscal, according to sources. Toyota has been working on incorporating its own unique features to the model that has been a runaway success for Suzuki’s Indian arm… Continue reading Toyota plans to launch its version of Baleno in India next fiscal

That’s No Mirage: NVIDIA and Partners Make Self-Driving Dreams a Reality in Las Vegas Desert

Road-ready advanced autopilot systems, intelligent cockpits and highly accurate map localization platforms wowed the crowds this week at CES in Las Vegas. At the core of each of these cutting-edge technologies is the high-performance, energy-efficient compute of NVIDIA DRIVE. To kick off the show, ZF and Continental announced premium, Level 2+ automated driving systems using… Continue reading That’s No Mirage: NVIDIA and Partners Make Self-Driving Dreams a Reality in Las Vegas Desert

See Where Automaker’s Electric Car Investments Are Going

23 M BY WADE MALONE No one is shocked that China will see the largest slice of the pie. Over the next decade, automakers will be investing heavily in electric vehicle technologies. Reuters analyzed investment and procurement budgets announced by automakers over the past two years. According to Reuters, $300 billion is currently devoted to… Continue reading See Where Automaker’s Electric Car Investments Are Going

Who Shops At Tesla Stores? — #NewsQuickie

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Published on January 11th, 2019 |

by Zachary Shahan

Who Shops At Tesla Stores? — #NewsQuickie

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January 11th, 2019 by Zachary Shahan

The data firm Factual stalked shoppers at US Tesla stores for a period of time last year and discovered some interesting things about the people who walk into those Apple-like showrooms.

Like CleanTechnica readers, the people strolling around Tesla stores and galleries were fairly wealthy. (Who’s surprised?) Shoppers were 109% more likely to have incomes between $150,000 and $175,000.

They were also 70% more likely to be new home owners than the average American.

The Tesla shoppers were also quite young, which fits well with my anecdotal evidence. Those strolling around Tesla stores were 40% more likely to be 35–44 years old.

Perhaps the wackiest — or most interesting — finding is that the respondents were 135% more likely to be Disney enthusiasts.

To wrap things up, these are the 10 dealership brands most likely to be frequented by the humans Factual found snooping around in Tesla stores:

Jaguar
Land Rover
MINI
Volvo
Audi
Volkswagen
Porsche
BMW
Lexus
Honda

We haven’t done thorough in-store (or lingering-outside-the-store) research, but we have conducted surveys of over 2,000 electric car drivers and 1,000 potential drivers. We didn’t ask if they were Mickey Mouse enthusiasts for some reason, but we did ask them a bunch of questions about the electric cars they have, the features they want in their next cars, and who they are. One particularly interesting finding was that 45% of current electric car buyers intend to buy a Tesla next.

To get that full report, head to: Electric Car Drivers: Demands, Desires & Dreams (2018).

If you plan to buy a Tesla too and want the benefits that come from using a referral code, feel free to use mine — http://ts.la/tomasz7234 — or not.

About the Author

Zachary Shahan Zach is tryin' to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He's also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada.

Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.

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Commute with Enterprise to Provide Vanpooling Options in South Carolina

Commute with Enterprise’s van pricing starts at $950 and will vary depending on vehicle selection. Photo via Enterprise. Provided by Commute with Enterprise, COMET Vanpool, a one-year pilot to subsidize 20 vans at $500 per month — not to exceed $120,000 per year — will be providing shared rides to residents in South Carolina’s Richland and… Continue reading Commute with Enterprise to Provide Vanpooling Options in South Carolina

Tesla Has The Highest Customer Loyalty Of All Car Brands

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Published on January 9th, 2019 |

by Matt Pressman

Tesla Has The Highest Customer Loyalty Of All Car Brands

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January 9th, 2019 by Matt Pressman

Originally published on EVANNEX.

Studies demonstrate that Tesla has forged a unique bond with its customers. Last year, Consumer Reports found that Tesla has the highest rate of customer satisfaction of all car brands. Now, according to more recent research conducted by Experian, it turns out these high levels of satisfaction are translating into exceptionally high rates of customer loyalty as well.

Tesla owners tend to be a satisfied and loyal (Image via Tesla)

In fact, electric vehicle owners (regardless of brand) have a high propensity for loyalty. According to Experian, “Once dealers have customers in an EV, there’s a good chance they get them back again in the future. Electric vehicle customers are showing early signs of being a highly loyal customer segment. When EV customers return to market, 62 percent buy another EV.”

So what about industry leader Tesla?

Experian found, “Tesla owners show an even higher make loyalty rate than EV customers as a whole. More than 4 in 5 Tesla customers — 80.5 percent – buy or lease another Tesla when they return to market. Tesla has the highest level of make loyalty in the industry, ahead of Subaru at 72.1 percent and Ford at 72 percent.” Experian also found that, “Tesla led the industry with a Conquest/Defection ratio of 13.77 to 1.”

Electric vehicle market share based on US EV sales in the first half of 2018 (Source: Experian)

While Tesla plans to introduce a lower-priced Model 3 option, its current vehicle lineup remains relatively expensive. Therefore, it’s no wonder EV owners tend to be a well-heeled crowd. Experian reports that, “individuals with higher education and high home values are currently more likely to purchase EVs.” Furthermore, if trends start in places like California, EV fever could be spreading. According to Experian, EV buyers “are also more likely to be found [see chart above] on the west coast.”

These insights into electric vehicles (and industry leader Tesla) are definitely encouraging. Experian concludes, “the auto industry should be enthusiastic about the electric vehicle segment’s future … as battery costs continue to come down, EV [pricing] will more closely mimic today’s vehicles. All things being equal, customers are likely to opt for a more environmentally friendly option in the future and eventually, the scales will tip in the favor of EVs.”

Carmakers urge Abe to warn May on no-deal Brexit

Honda, Nissan and Toyota worry about impact of UK crashing out of EU Go to Source