In comparison to 54 days for conventional gas or diesel vehicles, auto dealers currently report retaining 92 days' worth of electric vehicle (EV) inventory.
This new dynamic is accompanied with decreased EV prices, with multiple new markets offering a range of prices.
As consumers have more options and more appealing prices, the EV revolution is still going strong.
Dealers and infrastructure providers need to adjust and get beyond a number of obstacles.
Not just the auto industry is transitioning to electrification, though.
Here is how auto dealerships are adjusting to the transition as electric vehicles continue to displace their gasoline-powered rivals.
EVs have a variety of charging needs, driving ranges, and modern features.
Dealership sales staff must have a solid awareness of the advantages of EVs and how their EVs differ from vehicles of a similar class in order to sell them.