Entrepreneurs William McCoy and Sal Estrada have launched Current Dealers in Detroit, which supplies and installs electric vehicle (EV) chargers, solar panels, and battery storage units nationwide to car dealerships, garages, property managers, and federal and local government agencies.
In a three-step process, Current Dealers offers a facility assessment, which includes a comprehensive check of a property’s EV charging requirements along with a proposal; installation, which accounts for the property’s current and future EV charging needs; and ongoing service, including warranties, maintenance, and support on all EV products.
The company was started when Estrada, a master electrician and Current Dealer’s COO, and McCoy, Current Dealer’s CEO and manager of his family’s car dealership, realized the auto industry was changing and there was a growing interest in EVs but that there is a lack in leadership when it comes to installing and servicing of EV chargers.
“EV chargers offer businesses, cities, and property owners a competitive advantage,” says McCoy.
Until Dec. 31, facilities can receive a tax credit up to $30,000 on installations of EV chargers, solar panels, and battery storage units.
“Chargers are the backbone of the electric vehicle future,” Estrada says.
“When it is as convenient as charging your phone to find a place to charge an EV, you will see EVs flying out the door,” relates McCoy.
Today, EVs have yet to catch on, and represent around 1 percent of annual vehicle sales in the U.S. Range anxiety, slow charging times, a lack of a large national charging network, and a steep drop in resale values challenge the market. The batteries, once they reach their end life, also are difficult to recycle.
In addition to specializing in EV chargers, Current Dealers also offers expertise in solar panels and battery storage.
Estrada says commercial property owners can save up to 80 percent on their annual energy bill with solar panels. He added solar energy requires a reliable battery storage system and Current Dealers has partnered with battery companies such as Generac and SunPower to provide the best battery storage systems on the market.
For more information, visit Current Dealers.