facilities. OEMs will most likely pass these additional costs on to dealers. * OEM Support. Some OEMs offer co-ops to cover half or a percentage of equipment and training costs. Research what your OEM offers when considering servicing EVs. * Tax Breaks. Legislation such as the Clean Energy for America Act proposes tax incentives for investments in clean transportation. While bills are still under discussion and up for a vote, the climate in the country points toward adoption at some point which could result in a nice tax break for dealers who invest. * New Revenue Stream. Conventional, newer model year fossil-fueled vehicles already require less maintenance than vehicles manufactured 5 to 7 years Consider the pros and cons of making the leap now or taking a " wait and see " approach to decide which is best for you. ago, which eats into service profits. EV service represents a new profit stream for forward-thinking dealers. * More Collision Business. If you have a collision center, it's a smart move to invest in EVs now. There is complexity and danger involved in servicing EVs. As insurance companies recognize these factors they will seek out EV-certified centers to send EVs that have been involved in collisions and require repairs. * Technology. Advances in service center technology mean you can work more efficiently with fewer staff and shift resources toward EV costs. The two-legged expense is the biggest expense. Leaning on mobile applications to allow techs to do more in less time or a Digital Voice Assistant to answer inbound phone calls frees up capital for EV equipment and training costs. JULY AUGUST 2022 || FIXED OPS MAGAZINE 25