From Recurrent.

A year into the so-called "EV apocalypse," what’s actually happening on dealership lots in the most EV-forward market in the country? Scott Case sits down with Scott Pettitt, Vice President at Del Grande Dealer Group, a Bay Area auto group named one of Recurrent’s best places to buy a used EV two years running.

Scott walks through what he’s seeing in Silicon Valley today: market share that crested in the high 30s now resetting toward a healthier 20-23%, supply constraints on Hyundai and Kia EVs while other brands sit on inventory, and the surprising lack of an EV demand surge despite climbing California gas prices. He digs into why used EVs offer dramatically more value than comparable used ICE vehicles, how DGDG built credibility by getting their own team into EVs, and the looming conversation with customers coming off $200/month lease deals who are about to face a much bigger payment walk.

If you’re trying to read the next 12 months of EV retail accurately, this conversation is the ground-truth check.

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