Zotye Signs Dealers in 100 U.S. Markets
The U.S. division of Chinese electric vehicle manufacturer Zotye Automobile announced it has signed agreements with 100 U.S. dealers in advance of its planned 2021 debut.
Zotye USA has signed franchise agreements with 100 U.S. dealers and plans to add 150 more before launching an all-electric SUV in 2021.
Photo courtesy Zotye USA
IRVINE, Calif. — Electric vehicle manufacturer Zotye USA (div. HAAH Automotive Holdings) has reached its goal of 100 U.S. dealer appointments ahead of schedule, HAAH Chairman and CEO Duke Hale announced in a release.
“We’re really pleased, though not surprised, that the milestone of signed appointments for 100 markets has been reached earlier than we first estimated,” Hale said.
Zotye USA is the American distributor for vehicles from Chinese automaker Zotye Automobile. The factory now has agreements in place in each of the 10 most populous states. Directors plan to have a presence in 250 markets by the time Zotye vehicles go on sale in the U.S. in 2021.
“Dealers are hungry to be part of our new, disruptive method of selling vehicles to consumers in a low pressure, high satisfaction, no haggle, highly efficient environment.”
In November, the company plans to enter the U.S. market with a single new SUV, with a second SUV and a car to follow.
“Dealers are hungry to be part of our new, disruptive method of selling vehicles to consumers in a low pressure, high satisfaction, no haggle, highly efficient environment,” Hale said. “Combine a dealer friendly, transparent environment with an SUV that will have an extremely high level of safety equipment, great quality and durability, outstanding styling, and a very attractive price, and it’s no surprise we are beating our earlier plan.”
Originally posted on Auto Dealer Today
More Showroom
California Sees Quarterly Gains
California’s new-vehicle market saw a boost in hybrids in the third quarter and its first overall quarterly market gain of the year.
Read More →
New-Vehicle Prices Stay Put
Affordability pressures and model availability shaped new-vehicle sales in September, according to an analysis by Kelley Blue Book.
Read More →
EV Buyer Consideration Shifts
What drives American consumers to purchase an electric vehicle is shifting as the question moves away from Should I?' to 'Which features and experience do I want to have?'
Read More →
Year-to-Date Auto Sales Holding Their Own
A forecast through August shows that automakers have shifted strategies to keep deliveries and revenues up despite tariffs and other economic challenges.
Read More →
Slow to Robo
Ten years of polling consumers shows autonomous vehicles’ profiles have risen considerably, but even more people now want at least some level of control if they go that route.
Read More →
Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
Read More →
European EV Sales Skyrocket
The EV market on the continent held strong in July with almost 25% of new-car sales being fully electric units, a stark contrast to the U.S., where EV sales declined about 42%.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Used Lots Getting the Business
Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
Read More →
Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
Read More →