By Jack Douglas, SitelogIQ VP of National Accounts, and Nate Kimes, SitelogIQ National Sales Executive
The electric vehicle (EV) market is continuously evolving and the desire and need for clean energy grows year-over-year. Approximately 1.2M EVs were sold in 2023, making up a 7.6% share of the total US vehicle market, up from 5.9% in 2022. For automotive dealerships, incorporating EVs as a part of their offerings may help to gain market share and increase overall sales. However, automotive dealerships need to ensure that they stay in compliance with EV mandates and regulations set forth by relevant government agencies and automotive industry standards.
Approximately 1.2M EVs were sold in 2023, making up 7.6% share of the total US vehicle market, up from 5.9% in 2022
Top 7 Compliance Considerations
There are many key aspects automotive dealerships should remain informed about to ensure they follow industry guidelines and remain compliant with regulations. We’ve compiled a list of the top EV compliance considerations:
Stay Informed About Regulations: Understand federal, state, and local regulations related to EV sales, charging infrastructure, and other relevant aspects.
Regional EV Adoption: Some regions may have specific requirements for reporting EV sales numbers, incentives claimed, or other data related to electric vehicle transactions. However, regions with high EV adoption may force dealerships to more quickly adopt to the market, regardless of the available incentives or reporting requirements.
Charging Infrastructure Compliance: If your automotive dealership offers EV charging infrastructure on its premises, it needs to comply with local building codes, electrical regulations, and safety standards for the installation and operation of charging stations. As a leading expert in EV charging infrastructure, we can work with through the design, planning, and installation process.
Incentives and Rebates: Stay updated on any EV incentives, tax credits, or rebates offered by the government or automakers. At SitelogIQ, we can help identify incentive and rebate opportunities to help you achieve your goals and ensure proper documentation and eligibility criteria are met when applying for tax credits.
Environmental Compliance: If your dealership handles battery recycling or other EV-related waste management, you must adhere to environmental regulations and properly dispose of or recycle materials as required.
Manufacturer Guidelines: Follow any specific guidelines provided by EV manufacturers regarding sales processes, customer support, and service procedures.
Sustainability Initiatives: Beyond compliance, automotive dealerships can adopt sustainability initiatives, such as implementing green practices in your operations and facilities, to demonstrate their commitment to promoting EVs and environmental responsibility. This could include LED lighting, renewable energy, and more.
How SitelogIQ Helps Automotive Dealerships
Compliance requirements can vary based on the region and can change over time. Therefore, it is essential for auto dealerships to stay proactive in your efforts to remain compliant with EV-related regulations and standards.
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