Cox Automotive Mobility will help fleets convert to electric vehicles and modernize while expanding its fleet of mobile service trucks outfitted with on-demand charging for EV fleet customers.
The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
August figures show sales into rental increased 118% year over year in August and are up 7% compared to the same time period last year.
The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.
As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.
Large rental, commercial, and government purchases of new vehicles increased 6% compared to this time in 2020, but decreased by 40% from the same time in 2019.
The Bolt EV saw a 335% sales increase in July to its highest volume ever in a second quarter at 10,857 units.
Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.
The installation at Cox Mobility’s Pivet Atlanta facility includes 20 Level 2 fleet chargers, six fleet DC Fast Chargers and six public DC Fast Chargers.
Wholesale used vehicle prices increased 5.84% month over month in July, bringing the Manheim Used Vehicle Value Index to 158 a 12.5% increase from a year ago and another record-high for the Index, which also occurred in June.
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