If an electric vehicle is as good as its battery, then good batteries deserve higher resale values, and that is proving to be true. A leading US wholesaler found that EVs with Range Scores from Recurrent are “seeing $4,000 to $7,000 increases” in sale price due to battery transparency.
Each vehicle battery is checked several times per day through onboard telematics with the permission of the driver. It’s designed to be all over-the-air without clunky devices that infringe on leg room or privacy. Streaming battery insights over the weeks and months allows Recurrent to draw conclusions about an individual vehicle’s current range, how that range will fluctuate in different conditions, and how it compares to hundreds or thousands of similar vehicles.
For owners who are not ready to sell anytime soon, they can start tracking their battery’s performance with the free EV Owner Insights, so when ready, they will have a valuable third-party verification of the battery’s history and condition.