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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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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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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