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Electric cars more likely to be written off due to battery costs – report – Drive

Electric cars more likely to be written off due to battery costs – report – Drive

 

Electric cars are reportedly being written off at a higher rate than equivalent petrol and diesel models due to the cost of replacing their expensive battery packs, leading to higher insurance premiums and a backlog of damaged parts waiting to be recycled.A report by news agency Reuters has found automotive insurers in the US and Europe are more likely to write off electric cars after relatively minor crashes due to irreparable battery packs, which cost significantly more to replace than… 

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