Are electric vehicles are profitable as petrol cars?
BMW says electric cars as profitable as petrol, diesel cars. BMW has begun overhauling its Main assembly plant in Munich, adjacent to the company's headquarters, to build Neue Klasse vehicles, which are to be launched from the end of 2025.
Source from: https://www.dw.com
China’s top EV maker, BYD, saw profits surge 145% in the second quarter, aided by record deliveries. The staggering growth comes amid China’s EV price war that’s limiting margin growth in the region. After passing Volkswagen as China’s bestselling car brand earlier this year, BYD maintained its lead through the first half of the year.
Source from: https://electrek.co/
Optimizing Operations for EV logistics
Transporting electric vehicles (EVs) comes with specific handling and safety demands owing to their high-voltage systems and advanced battery technology. It's paramount to have specialized training and equipment in place to guarantee the secure transportation of EVs.
Efficient Vehicle Movement: Car shipping companies specialize in transporting vehicles. They have the infrastructure and experience to move cars swiftly and securely. This can significantly reduce the time it takes for dealerships to receive and deliver vehicles, improving overall efficiency.
Reduced Risk of Damage: Transporting vehicles can be risky, especially over long distances. Car shipping companies have the expertise and equipment needed to minimize this risk. By entrusting professionals with vehicle transport, dealerships can reduce the likelihood of damage and associated repair costs.
Inventory Management: Car dealerships often need to manage large inventories. Car shipping companies can provide warehousing solutions and assist with inventory management. This ensures that vehicles are organized, tracked, and readily available when needed.
Environmental Responsibility: Car shipping companies can also contribute to a dealership's environmental responsibility. By consolidating multiple vehicles on one truck, these companies reduce the carbon footprint associated with transportation.