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The auction company has created infrastructure as part of its electrification plans for service and support of electric vehicles for clients.
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The collaboration promotes safe deployment of second-life use for Xos battery packs nearing end-of-life.
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But sales are declining as car shoppers face limited inventory, high prices and historically low incentives.
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The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.
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The IARA Summer Roundtable conference balanced a look back at successes while confronting industry challenges ahead.
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Second quarter numbers show emerging competition for buyer choices as more models enter the market.
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Hybrids and plug-ins still dominate the electrified market, but with quarter-over-quarter sales up 201%, automakers are pointing to a future with more EVs.
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Cox Automotive Analysis: Fleet sales are still stuck in first gear, estimated to have increased by only 5% year over year but remain down by more than 40% from 2019.
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A new ranking index considers regulations and obstacles consumers face state-by-state in purchasing electric vehicles.
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Half of consumers indicated they were suddenly more interested in EVs and 36% were more likely to buy one in the future.
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