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Plug operates a wholesale auction platform for used electric vehicles.
Plug operates an auction platform for used electric vehicles, connecting dealers and commercial fleet sellers with buyers. The platform assesses battery health, range, software features and tax credits. Founded in 2023, the company is based in Culver City, US. In February 2026, it raised USD 20 million in Series A funding led by Lightspeed Venture Partners, with Galvanize Climate Solutions, Autotech Ventures, Leap Forward Ventures and Renn Global participating.
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