Steele Auto Group ending All EV business citing 'lack of demand for EVs'

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Steele Auto Group of Dartmouth, N.S., will discontinue its All EV business, effective June 1, less than two years after it acquired the chain.

Atlantic Canada's largest auto dealer is getting out of the used electric vehicle business, citing “lack of demand of EVs in the market.”

On July 26, 2021, Steele bought All EV Canada, which stocks only used EVs — the majority of them Teslas. The original purchase was comprised of two locations: Burnside, N.S., as well as a store in Stratford, PEI. The dealership group also has electric-vehicle full-service locations in Halifax and Moncton. It’s not clear if Steele plans to cease operations of those, too.Steele announced the end of its All EV business via posts on Instagram and Facebook.

 

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