Not ESG-Friendly: Insurers Junk Entire EVs For Minor Accidents
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
WATCH: Car Expert Sandy Munro Finally Drives The Toyota bZ4X - What Does He Think About It?
LONDON/DETROIT – For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive...
Industry experts are warning electric vehicle (EV) makers like Tesla to produce battery packs that are more easily repairable ...
LONDON/DETROIT — For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance…