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LOS ANGELES - Californer -- Unlike the myth that EVs are incredibly expensive to fix, the truth is simpler.(link to full article at end) The average crash-related repair costs for EVs were $950 more than costs for gas-powered cars but only $269 higher for non-Tesla EVs. Here's everything else you need to know about the cost of EV repairs, insurance coverage and warranties on EVs.
EV Repair Costs Vs ICE: Why Are EV Repair Costs Higher?
Most people think that EVs EV repair costs are higher because of an intricate battery, but it's more complicated than that and it involves parts and labor. Also, there is not much difference in repair costs between EVs and gas-powered vehicles of the same age and price range. However, repairs are significantly more costly for EVs after collision-related events. Even then, only by about 2% more. [2] There are a few reasons why EV repair costs vs gas cars repair costs are higher on average. Here are the following reasons.
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Repairs: EV Parts Vs Gas Car Parts
It's not just the battery that costs more. It costs 30% more to repair an EV after an accident than its gas-powered equivalent. [1] Unlike ICE vehicles, most of which have been on the market for years, EV parts are limited and technicians usually have to use original equipment manufacturer (OEM) parts. OEM parts, as you may know, are more expensive than recycled parts or aftermarket parts. [1]
EVs also have more advanced technology, which is more expensive to repair. Some hardware can't be repaired, only replaced, which always costs more.
Repairs: EV Labor Costs Vs. Gas Car Labor Costs
Labor for skilled technicians who know how to work on EVs also means higher ...
continued here: https://smartfinancial.com/ev-repair-costs
EV Repair Costs Vs ICE: Why Are EV Repair Costs Higher?
Most people think that EVs EV repair costs are higher because of an intricate battery, but it's more complicated than that and it involves parts and labor. Also, there is not much difference in repair costs between EVs and gas-powered vehicles of the same age and price range. However, repairs are significantly more costly for EVs after collision-related events. Even then, only by about 2% more. [2] There are a few reasons why EV repair costs vs gas cars repair costs are higher on average. Here are the following reasons.
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Repairs: EV Parts Vs Gas Car Parts
It's not just the battery that costs more. It costs 30% more to repair an EV after an accident than its gas-powered equivalent. [1] Unlike ICE vehicles, most of which have been on the market for years, EV parts are limited and technicians usually have to use original equipment manufacturer (OEM) parts. OEM parts, as you may know, are more expensive than recycled parts or aftermarket parts. [1]
EVs also have more advanced technology, which is more expensive to repair. Some hardware can't be repaired, only replaced, which always costs more.
Repairs: EV Labor Costs Vs. Gas Car Labor Costs
Labor for skilled technicians who know how to work on EVs also means higher ...
continued here: https://smartfinancial.com/ev-repair-costs
Source: SmartFinancial
Filed Under: Consumer
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