Electric vehicle repair costs revealed versus ICE equivalent | Electric fleet news

Electric vehicle repair costs revealed versus ICE equivalent | Electric fleet news

"The cost differences between repairing an electric vehicle (EV) versus an internal combustion engine (ICE) equivalent have been highlighted in a new report.

1. Due to the nascent nature of the industry, BEV incident claims are currently 25.5% more expensive than their ICE equivalents and can take 14% longer to repair, suggests Thatcham...

“Much of the motor insurance industry is yet to adapt to mass BEV adoption challenges, and the implications remain unquantified on repair capacity, training and skills, cost, and the lifetime sustainability of BEVs...