Lack of Data on EV Batteries Complicates Insurance Claims
A lack of data on electric vehicle (EV) batteries continues to challenge insurers forced to scrap EVs after mild accidents, potentially undermining the growth of a zero-emission car market. Thatcham Research said on Wednesday that a replacement battery could cost up to half the price of an entire car, making it uneconomical for insurers to repair EVs unless they have access to information on their state of health after a collision. Most carmakers have said their battery packs are easily repairable but have yet to share third-party access to the vital data needed for this work. According to analysts, this … Continue reading Lack of Data on EV Batteries Complicates Insurance Claims
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