Lack Of Repair Data For Damaged EV Batteries Leading To Higher Insurance Costs

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Lack Of Repair Data For Damaged EV Batteries Leading To Higher Insurance Costs
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Thatcham Research says that insurers are forced to scrap mildly damaged EVs because they don't know if their batteries are safe.

According to a recent report published by British automotive risk intelligence company Thatcham Research, cited by, insurers are forced to scrap potentially functioning vehicles because they don't have access to data from manufacturers that would allow them to know for certain if a battery pack is safe to put back on the road or not.

This problem leads to much higher insurance costs for EV owners, at least in the United Kingdom, where EV-related claims are already 25.5 percent more expensive on average than internal combustion engine vehicles and take 14 percent longer to repair. And that's considering the UK’s 1.65 percent EV market share.

"The reality is that's not the situation we're in at the moment," said Adrian Watson, Thatcham's head of engineering research."The diagnostics we have do not enable you to really know what the status of the battery is." The environment-related issues don't stop here, however, as EVs that have been in an accident need to be quarantined before being repaired, because of the potential fire risk. Thatcham says that in the UK, damaged electric vehicles must be stored outside at least 49 feet from other objects, which means that an outside facility for 100 ICE vehicles would have space to safely quarantine just two EVs.

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