Insurance and repair concerns could stifle EV adoption, says Thatcham

Electric Cars 2021

A report from Thatcham Research has stressed how insurance implications remain unclear on repair capacity, training, skills, and cost, as well as the lifetime sustainability of battery electric vehicles.

Drawing comparisons between claims regarding BEVs and internal combustion engine vehicles, the report points out incident claims are currently 25.5% more expensive for BEVs than ICE vehicles, and can

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