Blog

Global Reach Leads to Successful Sale of EV Industry Assets from BorgWarner

AllSurplus.com, a Liquidity Services marketplace, successfully managed the timely sale and removal of over 400 EV industry assets from across the United States. These assets, comprising premium late-model charging equipment from BorgWarner, a renowned leader in the electric vehicle industry, were sold to buyers across North America, the Middle East, and Europe. This global success story was made possible by AllSurplus' extensive presence and strategic marketing efforts, resulting in significant investment recovery for our client, while meeting critical equipment removal deadlines, and ensuring seamless ongoing operations.

 

Featured Equipment 

 

Transformers Logic Analyzers Power Control Systems
EV Chargers Functional Testers  Regenerative AC Emulators Charging Discovery Systems
 

A Global Presence That Drove Results

  • 46,354 Auction Event Visits
  • 187 Unique Bidders
  • 8,332 Total Bids

With a dedicated operational approach and robust marketing, the sale resulted in an average sold price per lot of over $3,000, generating over $550,000 in recovered value. In a constantly evolving automotive industry, asset disposition plans are crucial in maximizing the value of obsolete machinery. We are thrilled to announce the result of this sale and value recovery for our client.

 

To check out our latest industrial equipment events, visit AllSurplus.