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

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

These battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be 'circular economy'.

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.

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 percent of an EV's price tag, often making it uneconomical to replace them.

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

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.

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

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.