✉news LifeAutos first seen 1 d ago, last 7 h ago, peak #2
Electric Cars: Cheap to Drive, Expensive to Crash
Original: The 1.7x Repair Bill: Why Electric Cars Are Cheap to Drive and Expensive to Crash
A new analysis highlights that electric vehicles cost far less to run than petrol cars, but repair bills after accidents run roughly 1.7 times higher. The gap is attributed to expensive battery packs, sensor-laden bodywork and limited repair networks, pushing up insurance premiums. The piece is fuelling debate over whether EVs' running-cost savings outweigh their crash and insurance costs.
Why now: Rising insurance premiums and repair costs for EVs are a live concern for buyers and insurers.
electric vehiclesinsurance industry
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