Dealer opportunity will remain strong as EVs join our roads.
Technological advancements are increasing the range and variety of electric vehicles (EVs), and auto giants are investing billions to capture the emerging market. Add in a large dose of media buzz and it starts to feel like gas- and diesel-powered cars will soon be electric-vehicle roadkill. But read past the headlines and that outcome appears dubious. Yes, EVs are a market reality going forward. However, for several reasons, gas- and diesel-powered vehicles will remain dominant for years to come and will remain scrappy competitors for a long time after that.
See the December AMSOIL Magazine for more information.