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Unlike most consumer products that you can buy from either a retailer or directly from the producer, car sales can only be conducted via dealerships. Seventeen states, including Connecticut, Texas and Wisconsin, have policies that outlaw direct vehicle sales, forcing automakers to sell their vehicles through dealerships. And since these dealerships generally earn less than … Continue reading “Reforming Car Dealership Laws Could Boost EV Penetration”

This year has been a good year for the nascent electric vehicle (“EV”) sector, all things considered. Although the economy is still struggling to recover from the effects of the coronavirus pandemic, data shows that battery electric vehicle (“BEVs”) sales nearly doubled between January and October. With the effects of climate change becoming clearer every … Continue reading “Data Shows BEV Sales Doubled in the US Between January and October 2021”

For the past year or so, the world has been gripped by a shortage of semiconductor chips. Extremely crucial components in a wide variety of industries, these chips are needed for everything from smartphones and laptops to washing machines and cars. As such, several industries have been disrupted by the chip shortage, resulting in halted … Continue reading “Why EV Stocks Are Skyrocketing Amid Dropping Sales”

More than a decade after California-based startup Tesla unveiled the Tesla Roadster and proved that road-worthy electric vehicles (“EVs”) were a viable mass-market option, Tesla is now the largest electric vehicle maker as well as the most valuable car company on the planet. It currently has a backlog of 400,000 Model 3 orders and a … Continue reading “EV Firms Opt for More Affordable Production Methods”

President Joe Biden will probably go down in history as an instrumental figure in the growth of America’s electric vehicle (“EV”) industry and the fight against runaway climate change. Biden, who took office this year, quickly unveiled a gargantuan infrastructure bill that would dedicate billions of dollars toward developing an extensive network of public electric … Continue reading “How the US Push for Vehicle Electrification May Favor Some Automakers While Squeezing Others”

For years, customers have griped about how unpleasant buying a car from a dealership can be. Often the second biggest purchase most people make in their lives, a car represents a major financial commitment. However, according to a wide variety of testimonies, going to a car dealership can completely deflate the whole experience. Unfortunately, most … Continue reading “Illinois Car Dealers Fight Back Against Direct EV Sales to Customers”

Unlike most automakers who sell their vehicles through franchised dealerships, EV maker Tesla Inc. (NASDAQ: TSLA) doesn’t adhere to the dealership model, instead opting to sell its electric vehicles (“EVs”) directly to customers. With plenty of people classifying visiting a car dealership as one of the last things they’d want to do, the move was … Continue reading “Washington State Bill Seeks to Bypass Dealerships During EV Purchases”

Although 2020 saw the world face a global pandemic as well as the worst economic crisis in close to a century, the nascent electric vehicle (“EV”) industry enjoyed increasing sales throughout the year. EV companies launched more than 34 new plug-in vehicles, and pioneering EV maker Tesla became the most valuable car company in the … Continue reading “What 2021 Could Hold for the EV industry”

The past few years have seen increased interest in electric vehicles (“EVs”), especially as we become more aware of the effects of global warming and the role humans have played in heating up the planet. Transportation accounts for more than 24% of global carbon emissions, and several governments have announced initiatives designed to increase EV … Continue reading “EV Manufacturers Join Forces to Advocate for Switch to Electric Vehicles”