EV claims volume up 40% as repair cost divide with ICE vehicles continues to expand

Electric vehicle (EV) collision claims are on the rise in the US and Canada. There was a 40% increase in claims in 2023 compared to 2022. This is likely due to the increasing number of EVs on the road. Repairing EVs is also more expensive than repairing traditional gasoline-powered vehicles. This is because EVs are heavier and more likely to deploy airbags in a collision. Additionally, parts for EVs are more likely to be replaced entirely rather than repaired.

The Mitchell report predicts that EV sales will continue to grow in 2024. This means that body shops will need to become more familiar with repairing EVs in order to meet demand. There is also a need for more public EV charging infrastructure to be built to support the growing number of EVs on the road.

Read more: https://www.repairerdrivennews.com/2024/03/08/ev-claims-volume-up-40-as-repair-cost-divide-with-ice-vehicles-continues-to-expand/

#evcollision #evsales #evrepair #autoinsurance #publicadvanceddriverassistancesystems #advanceddriverassistancesystem #kelleybluebook

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