
1 minute read
NUMBERS

from Ratchet+Wrench - December 2022
by EndeavorBusinessMedia-VehicleRepairGroup
JUMP START / NUMBERS
THE SHOP OF THE FUTURE
— While there are more ICEs on the road now than ever, tomorrow’s streets and highways will start to look a little different. Industry trends like ADAS and electric vehicles (EVs) are looking to take center stage as the next advances in automotive technology. While just 17% of respondents are currently set up for ADAS work, 61% intend to invest in the technology by 2027.
As we get closer to 2030 when EVs are expected to become more common, 41% of shop owners are planning to be prepared for them in the next five years.
SHOPS CURRENTLY EQUIPPED FOR ADAS
—
YES 17%
FIVE-YEAR INVESTMENT FOCUS
—
ADAS
NO 83%
EVs
ALWAYS QUALITY
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