Hybrids Vs PHEVs vs All Electric, page-1081

Not making it cheaper for the motorist.

Repairing An EV Is 30% More Expensive On Average Than An ICE Vehicle. Here’s Why


According to San Diego-based Mitchell, which processes tens of millions of transactions for more than 300 insurance providers and 20,000 collision repair facilities, EVs were written off as a total loss 9.93% of the time in the first quarter of this year in the United States.

It’s when we get to cars that can be repaired that things get a bit more costly. Mitchell said in its latest report that claims for EVs are still higher than ICE vehicles. In Q1 2024, the average repair bill for an EV in the U.S., including Tesla models, was $6,066. That’s 29% or $1,363 more than the average severity for ICE vehicles.

The number of EV drivers who needed repairs on their EVs also rose dramatically in the first quarter of this year as the number of EVs on the road increased. The frequency of EV repairable claims was 2.26% in the last quarter, 40% more than in Q1 2023.

Other factors that hike up the average repair cost of EVs are the higher rate at which repair shops need to go for a new OEM part and the lower rate at which EV parts can be repaired. According to Mitchell, 89.29% of parts fitted to damaged EVs were OEM, while ICE vehicles get that figure down to 65.14%. The company stated that this difference is because ICE vehicles benefit from a more extensive variety of recycled and repaired parts compared to EVs.

No economy at scale here ..........just increasing cost to the consumer.