More than a decade after Tesla launched the Roadster, electric vehicles (“EVs”) are slowly becoming a common sight on the road. The United States currently has an estimated 1.6 million EVs on the road, and projections put 18.7 million electric vehicles on American roads by 2030. With the market for secondhand EVs sure to grow as demand for EVs increases, a pioneering start-up has started offering a service that will significantly aid car buyers looking for used electric vehicles.
Individuals who want to purchase a used internal combustion engine (“ICE”) car rely on CARFAX for a vehicle history report to analyze the condition of the vehicle and decide whether it is worth buying. Recurrent, a start-up based in Seattle, is looking to avail a similar service in the electric vehicle…
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