electric vehicles News
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 ...Total Loss Rate for EVs Lower Than Gas-Powered Vehicles: Mitchell
A new report debunks the common misconception that electric vehicles (EVs) are declared total losses more often than their internal combustion engine (ICE) counterparts, according to Mitchell, an ...EV Industry Offers Challenges, Opportunities for Insurers
A new paper by the American Property Casualty Insurance Association (APCIA) finds that the insurance industry is responding to the needs of the transportation sector as the momentum for electric ...Electric Vehicles and the New Frontier They Represent for Auto Insurers
Electric vehicles (EVs) and internal combustion engines could not be more different in some respects, but there's one thing they have in common: They both represent a ...
Strategies For A Shrinking Auto Insurance Market
The increasing popularity of electric vehicles (EVs), autonomous vehicles (AVs) and shared-mobility platforms will shrink the overall personal lines market 31 percent by ...