As you know, the automotive industry is undergoing a major transformation, with electric vehicles (EVs) becoming increasingly popular.
The global EV market is expected to grow from 10.2 million units in 2022 to 32.2 million units in 2030, at a compound annual growth rate (CAGR) of 21.2%. (Global Electric Vehicle Market Outlook 2023)
How EVs Are Changing Car Repairs and Shop Operations
Unlike gas cars, EVs don’t need oil changes or transmission fixes because they have fewer moving parts. But they come with high-voltage batteries and advanced electronics, which means auto shops need to invest in special diagnostic tools and train their mechanics to safely service these high-tech vehicles.
This change means fewer general maintenance appointments but more specialized repair and battery-related services—impacting repair shop revenue models and space utilization.
Facility Upgrades: Lifts, Charging, and Safety Zones
Auto repair shops must redesign and upgrade facilities to safely handle EVs, including:
Installing EV-compatible lifts and battery-safe zones
Building in EV charging and diagnostic stations
Complying with new building codes for high-voltage safety
These upgrades can require significant capital investment, sometimes exceeding $150,000 per shop, but are crucial for staying competitive and compliant.
Financial Challenges and Exciting Revenue Opportunities
EV repairs may bring lower profits because of pricey parts and complex calibrations, but the rise of electric vehicles opens up new income streams for shops, such as:
Battery repair and replacement
Installing and maintaining charging stations
Advanced diagnostics and software updates
Auto repair properties that upgrade for EVs can attract top tenants and charge higher rents.
How to Prepare Your Repair Shop Property for EVs
The rise of electric vehicles brings both new opportunities and tough challenges for the auto repair industry. By understanding how EVs are reshaping service needs, tools, and shop operations, you can future-proof your business and thrive in the growing EV market.
Owners and investors should focus on:
Leasing properties in cities where EV ownership is rising
Creating flexible repair bays that work for both gas and electric vehicles
Collaborating with tenants to help with upgrades and staff training
Promoting their buildings as EV-ready to attract innovative repair shops
Want to get your repair shop ready for EVs?
Here are some smart and practical tips to help you prepare:
Get Trained on EV Repairs learn how to safely service EVs through online or in-person training. It’s a must for any future-focused shop.
Invest in the Right Tools EVs need special tools and equipment—don’t get left behind. Upgrade your gear to handle high-voltage systems properly.
Connect with Other EV Shops build your network to share insights, stay current on trends, and learn best practices in EV servicing.
Promote Your EV Services let your community know you’re EV-ready! Update your website, social media, and shop signage to attract new customers.
Market Reception & Early Feedback
EV infrastructure is no longer optional—it’s a driver of value and tenant retention.
The future looks bright for the auto repair industry—but only for those ready to evolve. By investing in EV training, upgrading your tools, and promoting your services, you can keep your shop ahead of the curve and thrive in the electric vehicle era.