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Fact vs. fiction: The true impact of EVs on collision claims
You’ve probably heard that insurers are more likely to write-off EVs than combustion vehicles after accidents. As Mitchell’s Ryan Mandell explains, the statistics say otherwise.
More parts, increased labour and greater complexity — all are attributes that describe the average EV collision repair compared to one for a vehicle with an internal combustion engine (ICE).
As EVs continue to occupy a larger portion of the Canadian passenger vehicle fleet, the share of EVs undergoing collision repairs grows, too. In Q4 2023, EVs represented 3.25 per cent of all repairable claims in Canada, up 44 per cent from Q4 2022 and 110 per cent from Q4 2021.
Read the whole story on electricautonomy.ca