Greenwave's Scrap App Adopted by a Leading U.S. Junk Car Buyer, Powering Expansion to 27 New Markets
Greenwave Technology Solutions (NASDAQ: GWAV) announced that its AI-powered car buying platform, Scrap App, has been adopted by one of the largest U.S. junk car buyers, enabling expansion into 27 new markets. The platform has already expanded into Charlotte, Winston-Salem, and Columbia, SC, adding to its five existing markets.
The company deployed its proprietary AI Operator on January 27, 2025, which provides real-time quotes, automated scheduling, and autonomous customer interactions. Developed for approximately $20,000, the AI system is expected to generate hundreds of thousands in annual cost savings and improve profit margins.
Scrap App set a new weekly record in both number of cars and revenue from January 26 to February 1, 2025. The company aims to become the leading platform in the $32 billion auto recycling industry, where a major competitor reported $130.7 million in FY 2024 revenue.
Greenwave Technology Solutions (NASDAQ: GWAV) ha annunciato che la sua piattaforma per l'acquisto di auto alimentata da IA, Scrap App, è stata adottata da uno dei maggiori acquirenti di auto da rottamare negli Stati Uniti, permettendo così l'espansione in 27 nuovi mercati. La piattaforma si è già espansa a Charlotte, Winston-Salem e Columbia, SC, aggiungendo ai cinque mercati esistenti.
L'azienda ha implementato il proprio AI Operator il 27 gennaio 2025, che fornisce preventivi in tempo reale, programmazione automatizzata e interazioni autonome con i clienti. Sviluppato per un costo di circa 20.000 dollari, si prevede che il sistema IA genererà risparmi sui costi per centinaia di migliaia di dollari all'anno e migliorerà i margini di profitto.
Scrap App ha stabilito un nuovo record settimanale sia nel numero di auto che nelle entrate dal 26 gennaio al 1 febbraio 2025. L'azienda punta a diventare la piattaforma leader nell'industria del riciclo auto da 32 miliardi di dollari, dove un concorrente principale ha riportato ricavi di 130,7 milioni di dollari per l'anno fiscale 2024.
Greenwave Technology Solutions (NASDAQ: GWAV) anunció que su plataforma para la compra de autos impulsada por IA, Scrap App, ha sido adoptada por uno de los mayores compradores de autos usados en EE. UU., lo que permite la expansión hacia 27 nuevos mercados. La plataforma ya se ha expandido a Charlotte, Winston-Salem y Columbia, SC, sumando a sus cinco mercados existentes.
La empresa desplegó su AI Operator el 27 de enero de 2025, que proporciona cotizaciones en tiempo real, programación automatizada e interacciones autónomas con los clientes. Desarrollado por aproximadamente 20,000 dólares, se espera que el sistema de IA genere ahorros anuales de cientos de miles de dólares y mejore los márgenes de ganancia.
Scrap App estableció un nuevo récord semanal tanto en el número de autos como en los ingresos del 26 de enero al 1 de febrero de 2025. La empresa busca convertirse en la plataforma líder en la industria del reciclaje de autos de 32 mil millones de dólares, donde un competidor importante reportó ingresos de 130.7 millones de dólares en el año fiscal 2024.
그린웨이브 테크놀로지 솔루션(Greenwave Technology Solutions, NASDAQ: GWAV)는 AI 기반 자동차 구매 플랫폼 스크랩 앱(Scrap App)이 미국 최대의 중고차 구매업체 중 하나에 채택되었다고 발표했습니다. 이로 인해 27개의 새로운 시장으로 확장할 수 있게 되었습니다. 이미 샬롯, 윈스턴-세일럼, 사우스캐롤라이나의 컬럼비아로 확장되었으며, 기존 5개 시장에 추가되었습니다.
회사는 2025년 1월 27일에 자체 개발한 AI 오퍼레이터를 배포하였으며, 이는 실시간 견적 제공, 자동화된 일정 관리 및 자율적인 고객 상호작용을 지원합니다. 약 20,000달러의 비용으로 개발된 이 AI 시스템은 매년 수십만 달러의 비용 절감을 생성하고 이익률을 개선할 것으로 예상됩니다.
스크랩 앱은 2025년 1월 26일부터 2월 1일까지 자동차 수와 수익 모두에서 새로운 주간 기록을 세웠습니다. 회사는 320억 달러 규모의 자동차 재활용 산업에서 선도적인 플랫폼이 되는 것을 목표로 하고 있으며, 한 주요 경쟁자는 2024 회계연도에 1억 3천만 달러의 수익을 보고했습니다.
Greenwave Technology Solutions (NASDAQ: GWAV) a annoncé que sa plateforme d'achat de voitures alimentée par IA, Scrap App, a été adoptée par l'un des plus grands acheteurs de voitures hors d'usage aux États-Unis, permettant une expansion dans 27 nouveaux marchés. La plateforme s'est déjà étendue à Charlotte, Winston-Salem et Columbia, SC, s'ajoutant à ses cinq marchés existants.
L'entreprise a déployé son Opérateur IA le 27 janvier 2025, qui fournit des devis en temps réel, une planification automatisée et des interactions autonomes avec les clients. Développé pour environ 20 000 dollars, le système IA devrait générer des économies de centaines de milliers de dollars par an et améliorer les marges bénéficiaires.
Scrap App a établi un nouveau record hebdomadaire tant en nombre de voitures qu'en revenus du 26 janvier au 1er février 2025. L'entreprise vise à devenir la plateforme leader dans l'industrie du recyclage automobile de 32 milliards de dollars, où un concurrent majeur a rapporté des revenus de 130,7 millions de dollars pour l'exercice 2024.
Greenwave Technology Solutions (NASDAQ: GWAV) hat bekannt gegeben, dass seine KI-gestützte Auto-Kaufplattform Scrap App von einem der größten Schrottauto-Käufer in den USA übernommen wurde, was die Expansion in 27 neue Märkte ermöglicht. Die Plattform hat bereits in Charlotte, Winston-Salem und Columbia, SC, expandiert und damit die bestehenden fünf Märkte ergänzt.
Das Unternehmen hat seinen proprietären KI-Betreiber am 27. Januar 2025 eingeführt, der Echtzeitangebote, automatisierte Terminplanung und autonome Kundeninteraktionen bietet. Entwickelt für etwa 20.000 Dollar, wird erwartet, dass das KI-System jährlich Hunderttausende von Dollar an Kosteneinsparungen generiert und die Gewinnmargen verbessert.
Scrap App hat in der Woche vom 26. Januar bis 1. Februar 2025 sowohl in der Anzahl der Autos als auch im Umsatz einen neuen Wochenrekord aufgestellt. Das Unternehmen strebt an, die führende Plattform in der 32 Milliarden Dollar schweren Auto-Recyclingindustrie zu werden, in der ein bedeutender Konkurrent für das Geschäftsjahr 2024 einen Umsatz von 130,7 Millionen Dollar gemeldet hat.
- Secured partnership with major U.S. junk car buyer, enabling rapid expansion to 27 new markets
- Set new weekly records for both car volume and revenue (Jan 26 - Feb 1, 2025)
- AI Operator deployment expected to save hundreds of thousands annually with just $20,000 investment
- Operating in growing $32 billion auto recycling market
- None.
Insights
The strategic implementation of Greenwave's Scrap App represents a pivotal market disruption in the $32 billion auto recycling industry. The platform's AI-driven approach addresses three critical industry pain points: pricing accuracy, operational efficiency and customer experience automation.
The partnership with a major junk car buyer is particularly significant for three reasons:
- It provides immediate market validation and credibility
- Enables rapid expansion into 27 new markets with minimal capital investment
- Creates a scalable framework for national expansion
The $20,000 AI Operator development cost demonstrates remarkable capital efficiency, especially considering the potential annual cost savings. This 'capital-light' expansion model, combined with AI-driven operations, suggests significant margin expansion potential. For context, the mentioned competitor's $130.7 million revenue indicates substantial market share capture opportunity.
The platform's record-breaking performance in late January 2025 validates the scalability of their AI-first approach. The automated quote generation and scheduling system creates a competitive moat through operational efficiency that traditional players may struggle to replicate. This technology infrastructure positions Greenwave to potentially capture a disproportionate share of the fragmented market through superior unit economics and customer experience.
The auto recycling industry's fragmented nature presents a unique consolidation opportunity for technology-first players like Greenwave. The successful expansion into Charlotte, Winston-Salem and Columbia demonstrates the platform's replicability across diverse markets.
Three key market dynamics make this expansion particularly noteworthy:
- The industry's fragmentation allows for rapid market share capture through superior technology
- Traditional players typically lack sophisticated pricing algorithms and automation capabilities
- The partnership model enables capital-efficient expansion while maintaining operational control
The deployment of AI-driven operations addresses the industry's historical inefficiencies in pricing accuracy and operational optimization. This technological advantage, combined with the ability to scale rapidly into new markets, positions Greenwave to potentially emerge as a dominant player in this fragmented space.
Scrap App Aims to be the #1 Junk Car Platform in the
Company Accelerating Nationwide Expansion, Building on Objective Success in Key Cities
Platform Set New Weekly Record Both in Number of Cars and Revenue from January 26 to February 1, 2025
Scrap App immediately expanded into three key markets:
Aims to be #1 Junk Car Platform in
Scrap App is now being utilized by one of the largest buyers of junk cars in the industry by dollar volume, building on its objective success in initial launch markets. The Company is disrupting the fragmented
AI-Powered Automation: Driving Efficiency and Margin Expansion
On January 27, 2025, Scrap App deployed its proprietary AI Operator, streamlining:
- Real-time, AI-generated quotes for junk vehicles, ensuring competitive pricing.
- Automated scheduling for vehicle pickups, increasing operational efficiency.
- Autonomous customer interactions, enhancing user experience and scalability.
The AI Operator, developed for approximately
About Greenwave Technology Solutions, Inc.
Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) operates 13 metal recycling facilities supplying leading steel mills and industrial partners with
For detailed financials and updates, visit www.GWAV.com.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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SOURCE Greenwave Technology Solutions
FAQ
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