Recurrent

Recurrent is bringing transparency and credibility to the used electric vehicle (EV) market. Unlike internal combustion engine (ICE) vehicles, where miles driven is a consistent and accurate proxy for value, used EV value is unequivocally driven by battery health. The challenge is that the health of an EV battery is complex and depends on vehicle-level usage and charging. Recurrent solves this by providing EV battery ratings and insights for any vehicle through a data-driven model, which combines a proprietary data set from a growing network of connected vehicles with advanced machine-learning techniques. Ultimately, Recurrent will inform all used EV transactions and become a leading used EV marketplace.