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Scratched EV Battery? Your Insurer May Be Forced 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 ....

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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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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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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… ....

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

But in January CEO Elon Musk said premiums from third-party insurance companies "in some cases were unreasonably high." Unless Tesla and other carmakers produce more easily repairable battery packs and provide third-party access to battery cell data, already-high insurance premiums will keep rising as EV sales grow and more low-mileage cars get scrapped after collisions, insurers and industry experts said. ....

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