I CAN'T KEEP UP WITH DEMAND! EV MARKET UPDATE | CURRENT TRENDS & IN-DEPTH ANALYSIS + SOLAR UPDATE

EV Channels Review

The used electric vehicle market, particularly for Teslas, is experiencing unexpectedly high demand, contrary to some negative media narratives. The host, a used EV specialist, notes a significant increase in demand for used EVs, with a 30% year-on-year rise, and specifically for Teslas, demand is up 13%. Despite a substantial increase in supply (79%), demand continues to outpace it, leading to a busy warehouse. The Model 3 shows a 21% demand increase, while the Model Y sees a remarkable 59% surge, with prices now becoming very attractive, with good examples available in the mid-£20,000s. The host dismisses the 'Elon Musk effect' as a significant deterrent for buyers, suggesting it's a vocal minority. The video also includes a positive update on solar production, highlighting substantial energy generation and significant cost savings on electricity bills and EV charging.