One of the car brands that doesn’t come to mind when one says “electric vehicle” is Buick. Apparently, they are making a move, and offering to buy out any dealers who won’t commit to full support of the 100% electric line by 2030. It’s a large investment, however, with the need for massive chargers, electrical infrastructure, and full EV-specific repair equipment. This is expected to be about $300k per dealership. Further, this comes at a time when less than 10% of all car sales are electric vehicles, with Tesla at the top of that pile. One more to add to this… Buick’s first EV isn’t expected until 2024.

Buick is offering to buy out franchise dealers who don’t want to make the investment to shift to electric vehicle sales. The GM brand is switching to EV-only sales by 2030.