All articles tagged with #fleet operators
The global secondhand electric vehicle market is experiencing a sharp decline in resale values in 2025, primarily due to uncertainties about battery longevity, impacting fleet operators and individual owners, with some EVs losing over half their value within a few years.
The resale value of electric vehicles is rapidly declining worldwide, especially impacting fleet operators and private owners, due to uncertainties about battery lifespan and market valuation, with Tesla retaining value better than Chinese brands, and regional differences affecting resale prices. Emerging battery-as-a-service models and improved battery data are seen as potential solutions to stabilize the market.
Gravity Mobility, a Google-backed EV infrastructure startup, has opened the fastest charging solution in the US to the public in New York City, offering 500 kW chargers capable of providing 2,400 miles of range per hour. The company aims to attract fleet customers and plans to expand its network of high-speed chargers across the United States by raising more funds this year. Despite the current 350 kW charging speed cap for most electric cars, future models are expected to take advantage of faster chargers.