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Report: EV battery repair hurdles may inflate insurance premiums – Green Car Reports

Report: EV battery repair hurdles may inflate insurance premiums – Green Car Reports

 

A lack of standards for repair and replacement of EV battery packs may lead to higher insurance premiums, according to a recent Reuters report (via Automotive News).Battery packs can represent up to 50% of an EV’s price tag, often making it uneconomical to replace them, according to the report. And while there is no standard procedure for addressing damaged battery packs, it’s more common to replace rather than repair. In some cases that could lead to relatively new vehicles being… 

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