The company has processed more than 10 million pounds of EV battery black mass, highlighting growing demand for recycling and lifecycle management as more electric vehicles enter the used market.
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EV sales surged in July as buyers moved quickly ahead of the tax credit deadline, with new and used markets showing strong growth and prices adjusting to meet demand.
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While sales reached all-time highs, the oft-reported slowdown in the pace of growth is real as electric vehicles still remain too expensive for many average car buyers.
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While inventory is up substantially compared to 2021 and 2022 levels, it remains low by historical standards.
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The electrified digital-driven automotive sector will bring major shifts in how vehicles are bought, sold, and remarketed. Talk with industry expert and author Steve Greenfield as he outlines the big changes ahead.
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IARA Summer Roundtable: One ongoing effort among consignors, dealers and auctions is coming up with reliable and consistent standards for valuing used electric vehicles. Most recently, EV expert Kristin Slanina gained firsthand experience on EV performance during the Charge Across America race.
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The new company will be known as NewALD and will give the business extensive global reach with a total of 3.5 million vehicles under fleet management.
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Gain insights as to how to develop a used electric vehicle market with this collection of webinar highlights in this special episode of The Off-Peak.
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The EV market has totally evolved in the last decade and will continue to change as EVs become more affordable, longer lasting, and more efficient.
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