Fixed Ops Magazine - 2022 Vol19 04 - 24

FEATURE BY LAWSON OWEN
SERVICING
ELECTRIC
VEHICLES
The Pros and Cons of Servicing EVs
A
ll signs point toward electric vehicles (EVs) continuing
to grow in popularity. Worldwide sales
hit 6.6 million in 2021, almost doubling from the
previous year. Factors like climate change and commitments
to reach net-zero emissions are helping drive the
global shift to gasoline-free driving. With this trend in
mind, is your dealership considering servicing EVs?
It's not a question to be taken lightly. Investments in
employee training, charging stations, and service equipment
are substantial. For example, last year GM asked
that its Cadillac dealerships invest about $200,000 in
upgrades per facility on charging stations,
training, and EV-related equipment.
Dealers who balked were offered
up to $500,000 to drop their
franchises altogether. An eye-raising 1
in 6 opted to cash out and close rather
than charging forward with EVs.
really has to be made on a case-by-case basis. Consider
the pros and cons of making the leap now or taking a
" wait and see " approach to decide which is best for you.
ADVANTAGES OF SERVICING EVS NOW
* Lower Equipment Costs. Dealers who get on board
now can often save on equipment because demand
is
is your
dealership considering
servicing EVs
Every dealership is different with its own unique business
model and goals, so the decision to service EVs
24
relatively low. As EV sales grow, demand for
equipment will lead to price increases. If you're on
the fence about EVs and believe you will eventually
make the jump, the time to act is now.
* Affordable Technician Training.
OEMs require technicians to be
EV-certified and have contracted
with third-parties to provide training.
These third-parties can currently
keep up with demand, but
that's changing quickly. As demand
increases, expect longer wait times
for training along with increased costs due to vendors
having to staff-up and invest in more training

Fixed Ops Magazine - 2022 Vol19 04

Table of Contents for the Digital Edition of Fixed Ops Magazine - 2022 Vol19 04

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