Comments by "TeeKay" (@teekay_1) on "Why EVs are NOT the answer | MGUY Australia" video.
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@williammeek4078 The cost of repairing “fender benders” is the same for new cars BEV or ICEV
"Hertz Global is slowing down the pace by which it adds battery electric vehicles to its fleet, executives said on a third-quarter earnings call on Thursday. The rental car company cited Tesla’s price cuts negatively impacting the resale value of its EVs, and higher than expected repair costs for EVs as a reason to slow its pace of electrification "
"According to the report, insurance claim costs are usually higher for electric cars. "As it relates to average severity for repairable vehicles, EV costs continue to exceed those of ICE automobiles. For Q2 2023, severity costs were higher for EVs by $963 in the US and $1,328 in Canada ," wrote the study." from InsideEV written by Andrew Lambrecht
"But collision repairs may be a different story. According to a recent study from CCC Intelligent Solutions Inc., for example, based on actual insurance claims for small, non-luxury-brand cars with front-end damage that were still driveable, the average EV model cost $4,041 to fix. That was about 27% more than the average for roughly comparable non-EV models . Based in Chicago, CCC processes and analyzes auto insurance claims related to more than 16 million repairs annually, the company says." from Forbes
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