The $20 million in Series A funding from Lightspeed will enable Plug to boost supply, develop more technology, and widen wholesale and retail sales channels.
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Better affordability compared to new vehicles and a larger selection of newer model year vehicles rank among the drivers of this market.
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Car rental companies extended a sales spike from July, while commercial fleets continue modest growth.
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The tool allows sellers to indicate they are committed to selling a vehicle that same day, and buyers can spot ready deals.
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