📺 Stream EntrepreneurTV for Free 📺

Volkswagen Will Only Sell Its ID Electric Cars Online A new 'agency' model should make buying an EV more straightforward.

By Rachel England

entrepreneur daily

This story originally appeared on Engadget

picture alliance/Getty Images via engadget

Volkswagen is switching up the way it sells its electric vehicles. The company's dealerships will no longer be the primary point of sale for the ID family of EVs. Instead, they will assume the role of an "agent" that facilitates the sale.

If you're in the market for a VW EV, you can now place an order directly with Volkswagen and choose your preferred dealer. Instead of giving you the hard sell when you walk into the dealership, the dealer will now be focused on organizing test drives, facilitating the transaction and making sure you get the keys to your new wheels without a hitch. The price of the vehicle, plus the dealership's commission, is fixed, which will bring some financial relief to dealers, too.

Related: Business Idea of the Day: Mobile Mechanic

The new system — which is being adopted by all of VW's retail partners across the globe — will roll out first in Europe next month, with the launch of the ID.3. It represents another way that EVs are ultimately reshaping the automotive industry, and should help to maximize EV sales, too. Removing the dealership from the equation should make the purchase process a lot more straightforward, particularly as EV buyers tend to already know what they want.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.