A recent trend among insurance companies has left many electric vehicle owners concerned, as insurers are increasingly declaring entire EVs as total losses due to the high costs of replacing their battery packs.
This development has stirred up a debate about the long-term viability of EVs and the true costs associated with their ownership.
According to AutoBlog, the issue stems from the fact the cost of replacing an EV’s battery pack can be prohibitively expensive, often ranging from $20,000 and up depending on the make and model.
