Car Dealership Guy Podcast

#102 Electric Vehicle Expert: Inconvenient truth about electrification, EV tariff costing dealerships $100M/yr, Can the US power grid handle electrifying all cars? | Chris Nihan, President of EVready Energy

Jul 18, 2024
Electric Vehicle Expert, Chris Nihan, discusses challenges like EV tariff costing dealerships $100M/yr, US power grid capacity for electrifying all cars. Also talks about dealer frustration with EV technology investment and the importance of optimizing grid for EV adoption.
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INSIGHT

Hidden Utility Costs for EV Charging

  • Electric vehicle charging station costs often include hidden charges from utility rate designs.
  • Many customers unknowingly pay significantly more due to how utilities charge for electricity.
ADVICE

Strategize EV Charging Ownership

  • Develop a clear ownership strategy for EV charging investments tailored to your dealership.
  • Train sales and service teams on the value of these investments to enhance operations and sales.
INSIGHT

Grid Can Support Full EV Electrification

  • The U.S. power grid can handle full electrification of vehicles over time, but not by acting like gas stations.
  • Smart charging times and battery storage will stabilize and improve grid resilience.
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