The US secondary market for electric vehicles is seeing a surge in demand as buyers pivot to used models, with electric trucks like the Ford F-150 Lightning selling twice as fast as average.
Used Ford F-150 Lightning pickups are seeing high demand at 50% to 60% of their original price, while Ford prepares to launch the budget-friendly Fathom model in 2027.
Avito Auto has upgraded its AI-powered vehicle valuation tool, introducing price categorization and a new market filter to help users assess used car values.
Demand for used electric vehicles and hybrids on Avito Auto surged by 74.8% this summer, with average prices hitting 3.9 ₽ million.
Copart is acquiring ACV Auctions for $1.9 billion in an all-cash deal to expand its presence in the wholesale used-car market.
A new study by AVILOO analyzing 500,000 battery tests reveals that Mercedes, Hyundai, and BMW models maintain the highest battery health after 150,000 km of usage.
