Plug, an online wholesale auction platform designed specifically for used electric vehicles, has been named the exclusive wholesale partner for Recurrent's consumer-facing 'Sell with Recurrent' service. This partnership allows sellers to receive a guaranteed offer for their used EVs in less than an hour.
This collaboration expands Plug's reach into the used EV market, leveraging its platform to streamline wholesale transactions. The initiative aims to provide efficiency and transparency in the rapidly evolving electric vehicle ecosystem.
The partnership signifies Plug's strategic move to diversify its business offerings beyond hydrogen solutions, tapping into adjacent markets within the broader clean energy and mobility sectors.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.