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The Energy Transition: EVs AI & What’s Next for Dealerships

Nick Groves

SVP Sales - Powerverse

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The automotive industry is evolving fast—EV adoption is accelerating, sales are more complex, and dealerships profit margins are shrinking.

The move towards EVs is a broader shift that is happening across the globe, we call it the electric future but it’s happening right now. Energy providers, national grids, retailers and business technology are all evolving to work with renewable energy sources. This is disrupting the auto dealership industry and it isn’t obvious how best to navigate it. What we know is we can learn from businesses that are surviving and thriving, as these are the winners.

With so many changes happening at once, it’s tough to know which direction dealerships should take. You know you need to adapt, but with daily demands pulling you in every direction, finding the time to figure out how can feel impossible.

The winners are harnessing connectivity, data and AI to create new operating systems that allows them to offer new products and services that transform the customer experience and create new business models that offer new opportunities for revenue and growth.

In our latest webinar, we break down the challenges dealerships are facing, the opportunities to overcome them, and how cutting-edge technology, like AI, can help you stay competitive and profitable.

The Powerverse energy operating system (EOS) connects to data across energy devices including EVs and chargers. It pools it, and data science & AI is used to understand the needs of the customer around these new ecosystems and value chains. Powerverse’s capabilities help the customers get what they need and help dealerships add new revenue streams to your business. As time goes on, AI becomes a more and more necessary and fundamental building block to make these services work. As our homes become more connected and we add new energy devices to be monitored and controlled the amount of data being processed is beyond could be handled by humans. AI enables the quick use of lots of data which enables the smart decisions that make smart services work and creates that magic: Personalised, effortless, connected services, that dealerships can access from anywhere.

Connect with the team

The Energy Transition: EVs AI & What’s Next for Dealerships

Nick Groves

SVP Sales - Powerverse

Connect
Book a call