Why EV insurance will soon become TOO EXPENSIVE

EVs are extremely difficult to diagnose. Problems with a cell within the battery may become apparent days or weeks after an accident, and as a result insurance companies are often classifying them as a total loss.

This means that insurance premiums are rising rapidly as insurers seek to recoup these losses, leading to EVs rapidly becoming uninsurable.

Telegraph article: https://m-g.uy/2310ins

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