How Costco Could Move The Needle On EV Sales In The US

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Costco members can get a $1,000 incentive for selected GM EVs through the company's longrunning Costco Auto Program.

Costco members can get a $1,000 incentive for selected GM EVs through the company's Costco Auto Program, in addition to other state and federal incentives.

Costco Auto doesn’t sell cars directly, but it does facilitate “haggle-free” sales through authorized dealers and automakers. That’s a particularly helpful service in the EV sales field, where a trusted Costco representative can help prospective buyers sort through any available state and federal EV incentives, and any other incentives that apply, in addition to any incentive offered through Costco Auto.

So far a limited number of EV makers have partnered with Costco on EV sales, with Polestar and Volvo represented alongside GM.through Costco Auto. Wayland also notes that GM has been a US Costco Auto partner since 2011, indicating that EV sales are the next step in a solid, long-running relationship.

Last spring we noted that one motive behind the Bolt revival is its role as a “conquest sale” vehicle, leading satisfied customers to make their next purchase We’re waiting to see how that pans out. If Costco decides to expand on the experiment, that could help motivate customer interest in buying an EV.

In addition to charging Costco’s EV fleet, solar power from the facility can also be used for backup power.

 

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