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Now that the the first set of EV buyers are starting to trade in their cars for newer models, we’re seeing a wave of used electric vehicles hit the market.
But buyers understandably have a lot of questions, especially about the uncertainty around residual value of an electric vehicle.
We don’t have a consistent track record to draw from. There are questions around battery life. Many times, a buyer may know more about a used EV than the dealer selling it.
Here today to discuss this issue, and how to effectively address it, is Jimmy Douglas, a former Tesla executive and founder and CEO of Plug, a wholesale auction that aims to empower dealers by offering up vetted and transparent EV data.
Now that the the first set of EV buyers are starting to trade in their cars for newer models, we’re seeing a wave of used electric vehicles hit the market.
But buyers understandably have a lot of questions, especially about the uncertainty around residual value of an electric vehicle.
We don’t have a consistent track record to draw from. There are questions around battery life. Many times, a buyer may know more about a used EV than the dealer selling it.
Here today to discuss this issue, and how to effectively address it, is Jimmy Douglas, a former Tesla executive and founder and CEO of Plug, a wholesale auction that aims to empower dealers by offering up vetted and transparent EV data.