“Anyone dealing with electric cars right now has a lot of battery questions, and making people feel comfortable with battery health is really important to selling them.” , said ADESA President John Hammer. Automotive News.
Since adding the feature, ADESA has seen a 7-9% increase in conversion – when cars offered in auction channels actually sell – on vehicles with the Range Score badge compared to similar vehicles that don’t have it, Hammer said. ADESA did not reveal when it started using the badges and collecting this data.
“The other thing we’ve seen is an increase in the prices we’re getting for them,” Hammer said. “We are seeing increases of $4,000 to $7,000.”
Developing a more comprehensive battery condition diagnostic tool is also a priority for Manheim, the largest vehicle auction company in the United States.
He is working on this with Spiers New Technologies, a battery lifecycle management provider acquired by Manheim in 2021. Manheim performs battery health testing at six of its high-volume electric vehicle sites in California, Nevada , Pennsylvania and Washington and intends to expand the effort to other locations later, the company said in a press release.
Batteries from used electric vehicles are tested for their state of charge and energy capacity, and that data is used to create an overall battery health score ranging from 1 to 5, according to Manheim. These EV health details are included in the condition reports of vehicles tested and sold at these locations. Used electric vehicles with a battery health score receive about five times more views and offers than those without, the company said in the statement.