BY SEAN KEEZER Last updated March 07, 2018 05:54:54A lot of electric-car makers are now getting ready to sell their cars to consumers on the second hand market.
But, they’re not the only ones.
There’s been a lot of discussion in the auto industry and the automotive industry that some automakers are looking to buy up to 90% of their second- hand cars for a guaranteed price.
That’s what a new deal between two Japanese car companies is doing.
Tesla and its parent company Panasonic are set to sell the cars in the second-half of 2018, and the company is going to guarantee the price of the cars.
The deal was announced by the companies during the World Economic Forum in Davos on Tuesday, according to a report in Bloomberg.
The price guarantee is expected to come in at around $60,000 per car, Bloomberg reported.
The first half of 2018 will be the first time that the deal has been confirmed.
Panasonic has not commented on the news.
Last year, Tesla said it would sell its first-generation Model S in the US and Canada, which will go on sale later this year.
The company is currently negotiating with Ford for the first-gen Mustang, a vehicle that is going into production in 2021.
The second-generation Mustang is expected for launch in 2021, according a Bloomberg report.
Tesla said in a statement that it was a good time to get in on the first hand-marketing revolution, saying it would be a huge opportunity to grow its global business.