The Fully Charged Podcast EV Battery Health: ClearWatt's Game-Changer for Used Electric Vehicles! | Fully Charged Show Podcast
Jan 6, 2025
Patrick Creswell, Managing Director and Co-founder of ClearWatt, dives into the vital topic of battery health in electric vehicles. He introduces ClearWatt’s innovative battery health scorecards that empower used EV buyers with confidence. The conversation explores the challenges of the second-hand market, evolving consumer attitudes, and the importance of transparency in battery health. Creswell also touches on tech’s role in monitoring efficiency, as well as the extreme feats of hypermilers, showcasing the broader implications for everyday EV users.
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Creswell's Background
- Patrick Creswell's family has a history in motorsport and mechanical engineering, with clients in Formula One.
- His early career involved working at eCarClub, a car-sharing startup with an all-electric fleet.
EV Market Shift
- UK tax incentives drove a rapid increase in EV adoption, shifting from early adopters to mainstream consumers.
- This surge in new EV purchases raises questions about the future secondhand market and consumer confidence.
Secondhand EV Market Dynamics
- Several factors influence secondhand EV market values, including COVID's impact, salary sacrifice schemes, and new technology.
- High initial discounts on new EVs create a price ceiling in the secondhand market.