Published 1 year ago

Scratched EV battery? Your insurer may have to junk the whole car

Summary by Reuters

For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.

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Times of India

Scratched EV battery? Your insurer may have to junk the whole car

Battery packs can cost tens of thousands of dollars and represent up to 50% of an EV's price tag, often making it uneconomical to replace them.

1 year ago·India

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Reuters

Scratched EV battery? Your insurer may have to junk the whole car

1 year ago·United Kingdom

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Channel News Asia

Scratched EV battery? Your insurer may have to junk the whole car

LONDON/DETROIT: For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few kilometres - leading to higher premiums and undercutting gains from going electric. And now those battery packs are pil

1 year ago·Singapore

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Financial Post

Scratched EV battery? Your insurer may have to junk the whole car

Battery packs can cost tens of thousands of dollars and represent up to 50% of an EV’s price tag, often making it uneconomical to replace them

1 year ago·Canada

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The Japan Times

Scratched EV battery? Your insurer may have to junk the whole car

Battery packs can cost tens of thousands of dollars and represent up to 50% of an EV's price tag, often making it uneconomical to replace them.

1 year ago·Japan

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Asia One

Scratched EV battery? Your insurer may have to junk the whole car

LONDON/DETROIT – For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive...

1 year ago·Singapore

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