NANCY ROLLAND is a Managing Director based in the firm's Atlanta office. FOCUS, headquartered in Vienna, Virginia is an investment banking firm specializing in mergers, acquisitions, acquisition and exit planning, and financing.
It seems everywhere you turn these days, someone is asking the question — how will electric vehicles (EV) impact my industry? What can I do today to minimize the disruption to my business? While we hear these questions from many new acquirers in the industry and clients we service, including quick lube and other service providers, the answer depends on where you live and your time horizon. EV’s still only account for roughly 2 percent of auto sales in the US, with only a few exceptions.