Wholesale Marketplace Designed to Move Used EVs

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A startup wholesale marketplace aims to help dealers and fleet operators liquidate what some expect to be an onslaught of used EVs.

Electric vehicles accounted for 9% of all new-vehicle sales in September 2023, up from 2.6% in February 2020. Momentum is “building in total EV sales volume,” according to J.D. Power’s October E-Vision Intelligence report. The forecast includes 3 million EV sales during the 12 months ending in…

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