2/9/2023 0 Comments Gamebryo engine costHowever, analysis of the remaining 20% of EVs where a subset of Today, nearly 80% of industry-wide repairable appraisals for EVs come from a singleĪutomaker that manufactures only EVs where comparison to a similar ICE vehicle is not possible. But as EVs become more mainstream, she said, “current insurance premium gaps may close.” “Transportation and mobility are changing with the increased purchase of EVs and investment in charging infrastructure and services,” Larner added. Connected vehicle data is used to show a car’s location, speed, engine issues, and more, delivered through an app or other collection means. Wejo operates a software and analytics platform that processes large amounts of connected-vehicle data. “The lack of historic data insight on EV claims, and the requirement for some specialist parts, different servicing and battery costs may be attracting higher premiums,” agreed Sarah Larner, EVP of strategy and innovation at Wejo. ,‘As EVs become increasingly mainstream and more insights become available, current insurance premium gaps may close.’ ,
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