You may have noticed a change in the air and on the road. The new wave of electric vehicles is coming.
President Joe Biden recently signed an executive order mandating that 50 percent of all new vehicles sold in 2030 (just eight short years from now) qualify as zero-emission vehicles. The legislation is a part of a global push for countries to become more eco-friendly. It’s also a telltale sign of where trends are headed in the U.S. auto market.
The question then becomes, is your company equipped to handle the influx of electric vehicles on the horizon? While it may feel daunting, the coming wave should be viewed as an opportunity.