- If cost and range anxiety weren’t enough of a problem, EV collisions will be costly
A report in Reuters last week points toward another problem for the electric vehicle: durability after a crash.
Specifically, the electric vehicle’s battery is a problem.
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.
- ...“If that’s not bad enough, customers are now having to face the fact that a minor fender bender could lead to the loss of their entire vehicle,” Hayes said. “Who knows what this is going to do to insurance rates? At what point will we admit this was a bad idea and stick with reliable and effective technologies?”...
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