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The EV Baby and Its Bathwater Gone

(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.And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a ....

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EV batteries lack repairability leading some insurers to junk whole cars after even minor collisions

Some insurers are forced to scrap whole electric vehicles if their batteries are scratched or slightly damaged as they lack repairability and cost as much as 50% of the total vehicle. ....

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Not ESG-Friendly: Insurers Junk Entire EVs For Minor Accidents

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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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. ....

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Insurers Scrapping Low-Mileage EVs Because of Battery Non-Repairability

Industry experts are warning electric vehicle (EV) makers like Tesla to produce battery packs that are more easily repairable . ....

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