Watts Up with EV Market Trends and Demand?

Episode 75

Kraig Quisenberry, VP of Major Accounts at ACV Auctions and Michael Wheatley, Sales & Business Development Manager at Recurrent (and my co-host today!) talk all about EV trends and demand in the EV auction space. Even though some say EV interest is “cooling” among consumers, Michael points out that car-buying site views for EVs surged by 30% in early 2024 reflecting heightened dealer competition in the used luxury brand market, particularly with BMW and Audi. At the same time, Kraig notes that infrastructure development remains a necessity for EV adoption—highlighting the need for governments to ensure a positive user experience. The charging experience is indeed a critical part of the EV product!

Don’t sleep on this fun episode that was recorded on-site at CAR (the Conference of Automotive Remarketing) and also – be sure to never challenge Kraig to a push up contest because there is a 99.9% chance you will lose.