Low-Mileage EVs with Minor Damage Being Written Off, Increasing Premiums and Negating Green Benefits
As Reuters reports, insurance companies are writing off more and more low-mileage electric
vehicles that have only minor damage, because any harm to the battery packs can’t be accessed or repaired. With some Tesla models, for example, the battery packs are actually glued into the car’s structure, making them difficult to remove, replace or repair. According to insurers and industry experts interviewed by Reuters, scrapping low-mileage electric vehicles comes with significant consumer costs.