Auction leaders also said closely examining which locations to overhaul is necessary.
EVs are scarce in some regions of the US, especially areas where charging infrastructure is not built out or where municipalities haven’t addressed equipping power grids to handle that technology, they said. An auction in a particularly hot or cold region could see its operation disrupted if temperatures fluctuate enough to inhibit EV battery performance.
Companies like Manheim, ADESA and America’s Group have a lot of space that can hold EVs for charging. For Manheim’s Huang, whether the grids can service all those EVs is a major unanswered question. Utilities in certain regions are forward-thinking about EVs, she said, while others are not.
“It’s a bit all over the board,” Huang said.
To ease into the EV shift, some wholesalers are considering outsourcing the overhaul of auction house infrastructure, standards and processes. Manheim works with “several different vendors”