The Used-EV Market Is Maturing: More Choices, More Battery Intelligence and More Places to Charge

This week's developments reinforce something we have been watching all year: the used-EV ecosystem is becoming more mature even as the broader U.S. EV market works through a difficult transition.

Fresh industry data released during the week showed 161 electric models available to U.S. consumers and more than 250,000 public charging ports nationwide. Meanwhile, a separate September 21 charging-data snapshot counted more than 301,000 ports when combining several open datasets, illustrating both the rapid growth of charging infrastructure and the differences among industry counting methodologies.

The used market offers another important signal. Cox Automotive reported an average used-EV listing price of $37,441 in August with a 42-day supply—almost identical to the broader used-vehicle market's 44-day supply. Wholesale EV values remained 2.3% above a year earlier in mid-September, although they slipped 1.3% from August as availability improved.

And the battery story keeps getting more interesting. GM and Cirba Solutions announced a closed-loop pilot in which materials recovered from end-of-life EV batteries were returned to new GM battery cells. The resulting cathode material contained 100% recycled nickel, cobalt and manganese.

These developments point toward a more sophisticated used-EV buying equation:

Don't shop for an EV alone. Shop for a battery, a charging solution and an ownership ecosystem.

Top 10 Stories You Should Know About This Week

1. U.S. Buyers Now Have 161 Electric Models to Choose From

The Alliance for Automotive Innovation's Q2 report counted 161 electric models available for sale in the United States. EVs represented 7.9% of new light-duty vehicle sales during Q2 and 2.6% of light-duty vehicles already operating on U.S. roads.

Source: Alliance Reports New U.S. Electric Vehicle Data


2. America's Public-Charging Footprint Keeps Expanding

The same Alliance report counted more than 250,000 public EV charging ports nationwide. A separate September 21 SpotCharge snapshot—combining DOE/AFDC, OpenChargeMap and OpenStreetMap data—identified 301,383 ports, demonstrating that totals vary according to database methodology but the overall direction remains clear: charging availability continues to expand.

Source: U.S. EV Charging by the Numbers — September 21


3. 17,000+ U.S. Locations Now Offer DC Fast Charging

SpotCharge's September 21 snapshot identified 17,287 locations with DC fast charging, representing about one-quarter of the charging locations in its combined dataset. Since June 29, its directory had added 867 DC-fast locations.

Source: September 21 U.S. Charging Snapshot

 

4. Used-EV Prices Settle at $37,441

Cox Automotive's latest Market Snapshot placed the average August used-EV digital listing price at $37,441. That's slightly below July's $37,832 figure, suggesting that the sharp price appreciation we followed earlier this year has begun to moderate.

Source: Cox Automotive Market Snapshot


5. Used-EV Inventory Looks Increasingly Like the Mainstream Used-Car Market

Cox reported 42 days' supply for used EVs in August, compared with 44 days for the overall used-vehicle market. That's an important maturation signal: EVs are increasingly behaving like a normal segment of the used-car marketplace rather than an isolated specialty category.

Source: Cox Automotive Used-EV Inventory Data


6. Wholesale EV Values Remain Above Last Year—but Are Cooling

At mid-September, Cox's EV wholesale index remained 2.3% higher than a year earlier but had fallen 1.3% from August. Cox attributed the continued moderation from the spring's elevated values partly to improving availability.

Source: Manheim Used Vehicle Value Index — Mid-September


7. Old EV Batteries Are Becoming Raw Material for New EV Batteries

GM and Cirba Solutions completed a closed-loop battery-recycling pilot using material recovered from end-of-life GM battery packs. New GM cells produced through the project used cathode material containing 100% recycled nickel, cobalt, and manganese, and vehicles containing those cells entered production this month.

Source: Closed-Loop Battery Recycling Pilot Powers New GM EVs


8. U.S.-Made Charging Equipment Gets a New Certification Milestone

Lincoln Electric became the first EVSE manufacturer certified under NEMA's Make It American program, receiving product-level certification for its DC chargers and facility-level certification for its Cleveland manufacturing plant. The program supports domestic-content verification relevant to federally funded infrastructure projects.

Source: NEMA EVSE Make It American Certification Announcement


9. 10,000 New Charging Ports Demonstrate How Quickly Deployment Can Scale

Green Water & Power and Autel Energy announced that they had energized their 10,000th EV charging port after beginning their nationwide Level 2 rollout in 2023. The milestone illustrates how rapidly charging can scale when equipment supply, electrical construction and site deployment operate as a repeatable program.

Source: Green Water & Power Powers Up Its 10,000th EV Charger


10. High-Speed Charging Technology Keeps Moving Forward

Geely announced a next-generation system designed around extremely high charging power, including a claimed 2.2-MW charging system and roughly four-minute charging capability under appropriate conditions. This technology is not a practical consideration for today's typical U.S. used-EV buyer, but it demonstrates how quickly charging technology is evolving—and why you shouldn't automatically judge today's used EV by tomorrow's headline charging specifications.

Source: Geely Unveils 2.2-MW Charging Technology⁠

 

Here's what jumped out at me this week.

Used EVs are starting to look less like a special category of car.

Forty-two days of used-EV supply.

Forty-four days for used vehicles overall.

That's pretty close.

And that's good news.

Because a mature used-EV market should eventually give buyers what the gasoline used-car market already provides:

More inventory.

More competing sellers.

More pricing information.

More vehicle history.

And increasingly, more battery information.

But there's one part of the transaction that still isn't sitting on the dealer's window sticker:

What will it take to charge this EV where I live?

That's why my used-EV shopping equation has become:

Vehicle Price

  • Battery Health

  • Remaining Warranty

  • Real-World Range

  • @Home Charging Cost

= The Real Deal

Don't just negotiate the car.

Understand the entire #EVLife you're buying.

‍Bought a used EV? Still planning your week around public charging? Looking for a practical way to make EV ownership easier?

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The Used-EV Battery Is Becoming a Measurable Asset—Not a Mystery