Everything I’ve read is they cost much more to repair and many are being totaled because the insurance companies don’t want the liability if the battery pack is damaged and catches fire later.
A lot of used EV’s in my area are Insurance Loss and Lemon Law vehicles lol. The battery is easily the most expensive component to repair. If the insurance costs have lowered them its likely because manufacturers are just eating some repair costs for them. The components haven’t gotten much cheaper.
Everything I’ve read is they cost much more to repair and many are being totaled because the insurance companies don’t want the liability if the battery pack is damaged and catches fire later.
A lot of used EV’s in my area are Insurance Loss and Lemon Law vehicles lol. The battery is easily the most expensive component to repair. If the insurance costs have lowered them its likely because manufacturers are just eating some repair costs for them. The components haven’t gotten much cheaper.