Greenwave Technology Solutions (NASDAQ: GWAV) announced the rapid expansion of its AI-powered car-buying platform, Scrap App, into 27 new markets, driven by adoption from one of the largest junk car buyers in the U.S. The platform, which recently launched in Charlotte, Winston-Salem, and Columbia, aims to dominate the fragmented $32 billion auto recycling industry. Scrap App’s AI automation optimizes vehicle pricing, scheduling, and customer interactions, enhancing efficiency and margins. Developed for $20,000, its AI-driven approach is expected to generate substantial cost savings and accelerate revenue growth.
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About Greenwave Technology Solutions Inc.
Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc. (“Empire”), is an operator of 13 metal recycling facilities in Virginia, North Carolina, and Ohio. The Company’s recycling facilities collect, classify, and process raw scrap metal (ferrous and nonferrous).
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