• Home
  • Motorcycles
  • Electric Motorcycles
  • 3 wheelers
  • FUV Electric 3 wheeler
  • Shop
  • Listings

Subscribe to Updates

Get the latest creative news from CycleNews about two, three wheelers and Electric vehicles.

What's Hot

2025 Triumph Speed Twin 1200 RS Review [11 Fast Facts]

How the Farm Industry Spied on Animal Rights Activists and Pushed the FBI to Treat Them as Terrorists

“Mario Kart World” Devs Broke Their Own Rule on Who Gets to Drive

Facebook Twitter Instagram
  • Home
  • Motorcycles
  • Electric Motorcycles
  • 3 wheelers
  • FUV Electric 3 wheeler
  • Shop
  • Listings
Facebook Twitter Instagram Pinterest
Cycle News
Submit Your Ad
Cycle News
You are at:Home » The Real Reason EV Repairs Are So Expensive
Electric Motorcycles

The Real Reason EV Repairs Are So Expensive

cycleBy cycleNovember 19, 202302 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


“If you’re replacing a damaged battery with a new one, suddenly, once you’ve added in the other costs in terms of labor and hire cars,” says Mark Fry, an engineering manager at Thatcham Research, “it’s just not always economical to repair the car.”

A spokesman for the Association for British Insurers adds that there are issues around the availability of repairers in the UK. The EV insurance market is, arguably, a little wobbly at present. In September, major British retailer John Lewis was forced to stop insuring EVs altogether after its underwriter, Covéa, withdrew cover for these vehicles. A spokeswoman for Covéa declined to clarify why the firm changed tack.

Some US-based insurance firms also exclude EVs, says Tim Zawacki, an analyst at S&P Global Market Intelligence. He says the industry is dependent on real-world experience, and at this point, that’s still lacking.

Small Numbers, Big Cost

Separately, a spokeswoman for Admiral, a major insurer in the UK, says battery-related problems can lead to write-offs. “In the absence of an ability to repair, recycle, or repurpose a battery, it’s likely to result in it being a total loss due to its high value,” she says, while declining to confirm whether EVs were being written off more frequently than ICE vehicles.

Christoph Lauterwasser at the Allianz Center for Technology, a German research institute owned by insurance giant Allianz, says damage to the underside of an EV can be more likely to result in a battery casing getting scratched. “The problem is, in some cases, that leads to a total replacement of the battery, which is quite expensive,” he says.

According to Allianz, EV claims currently make up just 2 percent of the total volume of automobile-related claims that the firm handles. However, they account for about 10 percent of the company’s costs.

In Western markets, at least, EVs tend to have a higher percentage, on average, of materials that are difficult to repair, such as aluminum or composites. If such components get damaged in a collision, they are likely to require replacement, says Ryan Mandell, director of claims performance for Mitchell, a collision repair specialist in the US. This, and the lack of established repair procedures generally, is swelling the overall insurance costs associated with EVs versus ICE vehicles. However, Mandell adds that the frequency of EV total write-offs is not, at the moment, exceeding those for comparable high-end ICE vehicles.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe Best Luxury Gifts for 2023
Next Article 30 Gifts for a Digital Detox (2023): Analog Gift Ideas From WIRED
cycle
  • Website

Related Posts

How the Farm Industry Spied on Animal Rights Activists and Pushed the FBI to Treat Them as Terrorists

June 3, 2025

“Mario Kart World” Devs Broke Their Own Rule on Who Gets to Drive

June 3, 2025

‘Mario Kart World’ Races Are More Chaotic—and Better—Than Ever

June 3, 2025
Add A Comment

Leave A Reply Cancel Reply

You must be logged in to post a comment.

Demo
Top Posts

2025 Triumph Speed Twin 1200 RS Review [11 Fast Facts]

June 3, 2025

The urban electric commuter FUELL Fllow designed by Erik Buell is now opening orders | thepack.news | THE PACK

July 29, 2023

2024 Yamaha Ténéré 700 First Look [6 Fast Facts For ADV Riding]

July 29, 2023
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews

Subscribe to Updates

Get the latest tech news from FooBar about tech, design and biz.

Demo
Most Popular

2025 Triumph Speed Twin 1200 RS Review [11 Fast Facts]

June 3, 2025

The urban electric commuter FUELL Fllow designed by Erik Buell is now opening orders | thepack.news | THE PACK

July 29, 2023

2024 Yamaha Ténéré 700 First Look [6 Fast Facts For ADV Riding]

July 29, 2023
Our Picks

The FBI Still Hasn’t Cracked NYC Mayor Eric Adams’ Phone

Telegram Founder Pavel Durov Charged Over Alleged Criminal Activity on the App

NZXT Relay Headset and SwitchMix Review: Innovative Convenience

Subscribe to Updates

Get the latest news from CycleNews about two, three wheelers and Electric vehicles.

© 2025 cyclenews.blog
  • Home
  • About us
  • Get In Touch
  • Shop
  • Listings
  • My Account
  • Submit Your Ad
  • Terms & Conditions
  • Stock Ticker

Type above and press Enter to search. Press Esc to cancel.