German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918

Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says: “I think I’m a long way from buying a Chinese car.” A little later, two of the four interviewees in the… Continue reading German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918

Cleantechnica: Norway’s Plugin Market Share Drops, BEVs Still Growing 002150

Norway, the leading country in the electric transport transition, saw a rare annual drop in plugin electric vehicle share in July 2022, to 83.0% from 84.7% year on year. Full electrics grew share modestly (70.7%, from 64.1% YoY) by plugin hybrids lost share (12.3%, from 20.6%). The overall auto market was down 31% in volume… Continue reading Cleantechnica: Norway’s Plugin Market Share Drops, BEVs Still Growing 002150

Legacy automakers: Who is investing the most into EVs?

The EV race is heating up. Electric car sales in the US reached a new record in the first quarter, and the momentum does not look to be slowing anytime soon. Traditional automakers are spending billions to catch up to EV leader Tesla. Which legacy automakers are spending the most on EVs? Traditional automakers are… Continue reading Legacy automakers: Who is investing the most into EVs?

German Manager Magazin: BYD: “Tesla-Jäger” from China will start in Germany and Sweden in 2022001952

It’s hard to imagine that it will stay that way, but the Chinese one electric car builder BYD recently has the market leader Tesla with its sales figures overtaken in the first half of the year – also because the competitor in the Far East with its production facilities was largely spared from lockdowns. Now… Continue reading German Manager Magazin: BYD: “Tesla-Jäger” from China will start in Germany and Sweden in 2022001952

@Toyota: Toyota Tsusho to Acquire Shares of Healthcare Company Good Life Design

Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has reached an agreement to acquire 49% of the shares of Good Life Design Co., Ltd. (“Good Life Design”) from Mitsubishi Corporation. This transaction will have completed following acquiring permissions required for the transfer of shares from competition authorities both in Japan and abroad. Toyota Tsusho… Continue reading @Toyota: Toyota Tsusho to Acquire Shares of Healthcare Company Good Life Design

Hino Motors to brief on emissions data; shares fall more than 7%

TOKYO (Reuters) — Hino Motors shares tumbled more than 7% on Tuesday following a report that the scope of its announced falsification of emissions data may be larger than previously expected. The automaker, a unit of Toyota Motor, said it and its special investigation committee would hold a news conference later in the day regarding… Continue reading Hino Motors to brief on emissions data; shares fall more than 7%

European Used Car Market Analysis Report 2022 Featuring Key Online Platforms – AUTO1 Group, AutoScout24, Cazoo, Reezocar, & Carvago

DUBLIN, Aug. 2, 2022 /PRNewswire/ — The “European Used Car Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This research service provides a comprehensive outlook of the used car market in Europe and offers meaningful insight for automotive companies wishing to explore this unique and competitive market. After facing a challenging period in 2020,… Continue reading European Used Car Market Analysis Report 2022 Featuring Key Online Platforms – AUTO1 Group, AutoScout24, Cazoo, Reezocar, & Carvago

Unite Digital Expands Its Team with Six New Hires

BLOOMFIELD HILLS, Mich., Aug. 2, 2022 /PRNewswire/ — Unite Digital, LLC, a digital marketing company that focuses on OEM-certified dealer digital programs, lead optimization, online-offline retail integration and customer retention and loyalty strategies, announced today the expansion of its team with six new hires: Steven Justice, director of Digital Customer Experience Pam Rahmaan, program manager,… Continue reading Unite Digital Expands Its Team with Six New Hires

@Nissan: Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies000817

2022/08/02 YOKOHAMA, Japan – Nissan Motor Co., Ltd. is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. Proceeds from the Nissan Sustainable Finance Framework will also be used to support projects in Nissan’s use of renewable energy, clean manufacturing systems, EV re-charging infrastructure, battery… Continue reading @Nissan: Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies000817