EVs and New Market Opportunities

The traditional retail car business is changing rapidly. Electric vehicles are predicted to dominate vehicle sales in the not-too-distant future, fully digital sales are now a reality as is on-site service, and car-sharing and vehicle subscriptions are now a real consumer choice. These changes can be seen as a threat or an opportunity for those retailers that utilize current infrastructure and expertise into proven emerging businesses. A start-up entrepreneur, the head of the strategic ventures group of one of the largest dealer/fleet leasing organizations in the country, and a founding partner of one of the leading mission-based venture capital firms will explore these changes and outline possible opportunities on the horizon for insightful automotive retailers.

Key Takeaways:

  • What new emerging technology-driven business models have been proven to be profitable growth areas that automotive retailers can integrate and adapt into current business practices for higher sales, profits, and customer retention.
  • How can traditional automotive retailers best leverage their infrastructure and expertise to enter and dominate these new business opportunities in their market area
  • Who can best support automotive retailers in their goals to integrate and adopt new emerging technology driven business models – in strategy, finance, operations, implementation, etc.
Auto Intel Summit