Let’s start with the data: 59% of car dealers today don’t touch used electric vehicles (EVs) at all.
That’s both a market gap and an opportunity. And in a used EV market that just hit 2% of all U.S. retail sales and is projected to explode over the next five years, it’s a profit potential that’s only getting bigger.
Why aren’t more dealers in the EV game? Because the traditional wholesale model doesn’t fit. Electric vehicles are different assets. They’re priced differently, valued differently, and built differently. Battery life, software features, and charging access determine value, not just mileage and trim. Without tools tailored to EVs, dealers hesitate and often opt out.
That’s where Plug comes in.
Plug is the industry’s only wholesale auction platform built exclusively for electric vehicles. We make EV-specific data, including battery health, range, software versions, and tax credit eligibility, transparent and accessible. The result? Dealers who’ve never touched an EV before can make confident, informed bids. And those who don’t plan to be EV experts can participate in the market with less risk and more speed.
Here’s the bottom line: the 59% problem is also a massive opportunity. The first wave of used EV inventory is here. Prices are leveling out. And the tools to handle these assets now exist.
Which side of the 59% do you want to be on?
Want to confidently move EV trade-ins? Use the trusted EV-only wholesale partner, Plug.