Shoreham Vehicle Auctions (SVA) has appointed Generational as its EV battery health check partner as it campaigns for a new remarketing industry standard in this area.
Generational’s reports provide an OEM state of health for the battery in addition to measuring the voltage balance across battery cells as well as providing a real-world range estimate for each vehicle.
Alex Wright, SVA managing director, said: “We reviewed the market and Generational stood out not just in the data it was able to provide but its overall proposition worked well and provided value for money.
“They are a British company with a British based team with an automotive software and data science background gained in Formula 1 and from working at Imperial College London and the University of Cambridge.
SVA appointed Generational following a formal tender and then a consultation with its buyer and vendor partners.
Wright is keen to share the concept with dealer groups and even fellow auctions as part of his quest to support the industry in adopting a new industry standard for battery health checks.
Oliver Phillpott, Generational’s CEO and co-founder. “We’re here to help eliminate uncertainty and enable people to buy and sell used EVs with transparency. That protects residual values for vendors and helps buyers educate consumers.
“The checks build trust with wholesale and consumer buyers which is only going to support EVs as they become an integral part of the used vehicle ecosystem.”