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EV Repair Costs 29% Higher Than Traditional Vehicle Repair Costs in Side-by-side Model Comparison - Vimarsana News

EV Repair Costs 29% Higher Than Traditional Vehicle Repair Costs in Side-by-side Model Comparison

WESTLAKE, Texas--Solera Holdings, LLC, the global leader in vehicle lifecycle management, today announced groundbreaking global research looking at repair cost trends of electric vehicles (EVs) in comparison to internal combustion engine (ICE) repair costs. The comparative study considered aggregate international analytics across 20 countries; Solera’s vast global claims database aggregates and normalizes raw claims data to provide insights into important performance metrics such as claim cost behaviors and replaced part composition.