ADESA Launches Electric Vehicle Battery Performance Feature to Empower US Dealers
September 07 2022 - 6:00AM
Business Wire
New EV Range Score from Recurrent Available
within Condition Reports on ADESA.com
ADESA, one of the leading wholesale auction providers in the
U.S., announces the launch of a new condition report feature to
showcase battery performance of electric vehicles (EV). Powered by
Recurrent—an EV battery and range analytics company—the EV Range
Score is available on the majority of used electric vehicles that
transact on the U.S. market, providing buyers with more
transparency and confidence when purchasing EVs.
“Electric vehicle adoption continues to accelerate, so we’re
thrilled to evolve our condition reports to ensure customers have a
more complete view of each vehicle,” said John Hammer, president of
ADESA U.S. “The addition of Recurrent’s Range Score ensures
customers have access to the most relevant vehicle condition
data—including a clearer understanding of EV battery health—and can
make faster and smarter buying and selling decisions.”
During the inspection process, the vehicle VIN number for an
eligible EV is shared through Recurrent’s software to generate a
Range Score from zero to 100. That information is displayed clearly
on the ADESA.com condition report with a Range Score badge. Once
the user clicks the badge, more information is shown including
details on the warranty and expected battery performance in a full
Recurrent Report.
“The battery represents a lot of the cost of a used EV and most
of the concern that we hear from buyers—they want to know how the
battery will hold up,” said Scott Case, co-founder and CEO of
Recurrent. “ADESA is establishing itself as a leader in the EV
market by helping sellers pass that confidence on to buyers at each
stage of the used car wholesale process.”
About ADESA U.S. ADESA U.S. is a leader in the wholesale
auto auction industry, serving customers both online and at its 56
locations nationwide. Handling every aspect of the used vehicle
lifecycle, ADESA offers solutions that enable its OEM, financial
institution, fleet and dealer customers to maximize ROI. ADESA is
the second largest used vehicle physical auction business in the
U.S. and owned by Carvana (NYSE: CVNA), the industry pioneer for
buying and selling used vehicles online. Learn more about ADESA US
here.
About Recurrent Recurrent was founded in 2020 with the
goal to provide more transparency and confidence in pre-owned
electric cars. Through its comprehensive battery reports for EV
owners, buyers and sellers, it aims to accelerate the overall
adoption of electric vehicles. Learn more about Recurrent here.
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