Experts at the 2024 Conference of Automotive Remarketing served up some blunt statistics about electric vehicle challenges, but underscored that EVs offer potential and aren't exiting the automotive scene.
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The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.
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The new technology evaluates each electric vehicle and provides VIN-specific information, which is vital in capturing accurate information about the health of the battery.
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The U.S. market for fully electric vehicles has reached record volumes with 208,000 new registrations in 2018, all while loyalty rates of EV buyers continues to grow, according to recent analysis by business intelligence firm IHS Markit.
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Volvo is rolling out electrification across it model range with a series of battery-electric, plug-in hybrid, or mild hybrid cars and SUVs.
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The 2017 Chevrolet Bolt EV should retain as much as 39% of its value after three years of retail leasing, which is significantly better than other mainstream competitors, according to ALG.
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Most plug-in electric vehicles will depreciate more dramatically over five years than their conventional gasoline counterparts, according to a new report from Kelley Blue Book via USA Today.
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TORRANCE, CA – Fleets are testing electric vehicles (EVs) to determine whether they have possible applications, but large-scale adoption has yet to occur.
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