America’s Auto Auction is capitalizing on the shift toward electric vehicles (EVs), reporting a 92% year-over-year increase in EV sales across its national auction network. 

As EV adoption spreads across the automotive industry, America’s Auto Auction is investing capital to enhance EV capabilities at various locations nationwide.

“Our expansion into the EV space reflects a long-term strategy to meet the evolving needs of our dealers and the broader market,” said Jason Ferreri, CRO of America’s Auto Auction, in a May 6 news release. “By investing in the right infrastructure and preparing our teams, we ensure our customers have access to the vehicles and support they need to succeed.”

To meet the growing demand, America’s Auto Auction has installed EV charging stations at several locations and enhanced reconditioning facilities to better service electric vehicles. Staff across the network have also been trained to manage EV-specific logistics and vehicle handling needs.

“The reality is that every one of our auctions is handling EVs now,” said Chuck Tapp, CEO of Americas Group. “Even the new acquisitions managed the process and created liquidity for wholesale units. I think this speaks to the strong adaptability and resourcefulness of wholesale auctions. Frankly, they remain the best alternative to having buyer and seller agree on a fair market for acquiring or disposing of inventory.”

The company’s investments come at a pivotal time as in 2024 more than 1.3 million EVs were sold in the U.S., representing a 7.3% year-over-year increase. Analysts project EV sales momentum to continue into 2025 and beyond, creating new opportunities across wholesale markets.

Based in Carmel, Indiana, America’s Auto Auction sells and buys used vehicles at more than 40 physical auction sites in 20 states and on digital platforms.