Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.
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The latest numbers add up to a gutpunch for the resale values of used electric vehicles as the early adopter market for EVs taps out and mainstream vehicle buyers remain cautious.
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Electric vehicles can burn at twice as hot as magma, but advances in battery technology and operational practices will further reduce the chances of a catastrophic fire.
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Total 2023 EV sales will likely surpass the milestone one million mark next month as the electric vehicle market transforms due to more product and supply and downward pricing pressure.
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The leading auction and consignor professional trade organizations will work together in the areas of EV safety, consignor-auction transaction standards, and industry education.
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Plug is an online used EV wholesale marketplace to facilitate the buying and selling of used EVs among dealers.
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Amid a nationwide shortage of truck technicians and automotive mechanics, the fleet services division finds a way to keep and train enough vocational talent for long-term careers that meet maintenance demand.
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All-electric vehicles will not be an all-or-nothing option as many market and technological factors will influence the course of fleet electrification.
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While the risks of an EV “thermal event” are far lower than gasoline tank fires, the rare occurrence can turn into an all-consuming catastrophe.
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IARA Summer Roundtable: From the latest vehicle market dynamics to technology influences to electric vehicle shortfalls, the International Automotive Remarketers Alliance bonded over the big issues while teeing up member and industry growth.
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