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Greenwave technology Solutions (NASDAQ: GWAV) as launched an advanced AI-powered operator within its Scrap App subsidiary, aiming to transform the $32 billion U.S. auto recycling market. The AI Operator autonomously provides real-time quotes for junk cars, schedules vehicle pickups, and handles customer inquiries, enhancing scalability, reducing costs, and improving user experience. Scrap App is active in markets such as Hampton Roads, Richmond, and Cleveland, with plans to expand into the top 25 U.S. markets by the end of 2025. CEO Danny Meeks emphasized the technology's potential to redefine the industry and accelerate 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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