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Energy App on Dashboard

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New owner here. For the energy app on the dashboard, can someone explain what the little meter is telling me on the outer edge of the circle as I accelerate and decelerate?

I think that it is just telling me when I am using energy versus regenerating energy, but the scale of the units don't seem to make sense to me. For example the first positive tick mark is 75, but when I see the meter get to 75, I am sure I am using way more than 75 wH/mi. What am I missing?