Dealers Divided: The EV Speed Debate

Despite record-breaking electric vehicle (EV) sales in the U.S. in 2023, car dealers have opposed the Environmental Protection Agency's plan to increase EV sales, citing low consumer demand, inadequate charging infrastructure, and reduced tax incentives. However, automakers saw significant increases in EV sales, with concerns about dealer profits, inventory levels, and lack of education about EVs contributing to the pushback. While some strategic blunders by automakers have impacted EV demand, the EV revolution is underway, and dealers may benefit from focusing on education and adapting to the changing automotive landscape.