I'd be very surprised if manufacturers dispose of batteries without trying to repair them. They're entirely modular.
Open to correction but it. Depends on the EV manufacturer/Dealer. Though independents will repair them.
A main dealer can run battery diagnostics to check the pack and individual cells for damage after a crash. Damaged cells can be replaced without requiring a full battery replacement, what the insurance company decides is another matter.
The insurance write off the car as uneconomical repair. That is whats increasing insurance.
Though it's more like insurance insurance companies are using it as an excuse to inflate premiums. At least in some regions.
More correctly some manufacturers won't fix the battery, they want to replace the whole thing.
THe price of insurance on a Tesla has always been high, even when I was looking at a company car years ago I had Tesla as an approved car but the lease company and my company put plenty of barriers in the way to get me to go with another option
Lucky for me I was never going for it but made the other cars more viable.
Really? That seems a tad excessive. Doesn't take much to set off an airbag.
If a airbag goes off in a car, any car, the insurance company will write it off
Batteries can get damaged in collisions or by fire. Even if it's minor damage, the entire battery will probably be replaced if it's going through insurance. Maybe in the future, things will be different and there will be more repairing of battery packs.
If an ICE car collides with a kerb or rock on the road, that may result in a new sump, exhaust or repairs to the floor. If the same collision happens in an EV you may well be looking at an entire new battery. This will affect premiums.
I still don't see where insurance comes into it. Unless it's handled differently in the US. If I have a car and the battery fails, it's either an in-warranty replacement or out of warranty cost to me. That's not an insurable risk here.
Also if manufacturers are replacing batteries, that doesn't exclude them repairing the old ones in house.
The issue with insurance is the manufacturers are not repairing battery's but replacing them. They also at the moment don't have a robust supply of parts, (also effects ICE). Insurers are too quick to write off a car and pass the cost to the consumer.
Obviously they need to sort out that madness.
That seems a bit weird. Would battery failure be covered by your car insurance? Would seem to be on a par with (say) engine failure in an ICE, and I don't know any insurer that would cover that.
I'm seeing no evidence of this in Ireland. A car is a car here but let's wait and see.
MG offer the same 7 year warranty as Kia/Hyundai. Any BEV the established names release will be considered on par with a new brand so it's a relatively level playing field
Pot, kettle etc.
137,000 km on that…..
Manufacturers need to start fixing batteries or they won't sell any new cars. They need to join the dots.
Not an article but was chatting someone from the US this week who drives a model Y, he was saying his insurance doubled in a year and the insurance companies are putting it down to the cost of repairing evs - especially batteries.. hope its not the next 'good news' story to come this way
Sums it up really. 😂
Tesla seem to be removing all discounts in their US market
I was note when I looked back at pre 2023 high depreciation ice cars fiat popped into the list.
it should have been that price to begin with. The manufacturers lost the run of themselves and are paying the price now.
They’d need to do something to incentivise or reassure buyers of second hand vehicles now. People are afraid to make the leap.
You’re examples of EV equivalents may not be quite comparable. Toyota/Hyundai are established Japanese/Korean brands with an established customer base. MG are a cheap Chinese brand that bought the rights to the MG name etc. when they went bankrupt. Fiat also struggling with many decades to be a reputable brand.
I'll give you real world example. ID5 GTX asking 83k brand new at some stage in 2023, obviously didn't sell, that's etron 55 money, cars are not competitors, delusional money, my uncle enquired but said no thanks, ended up he bought it for his wife in late 2023 and ended up paying 51k for it registered as a 241, collected in January, still brand new. It went down to 58k then the big announced VW price drop they discounted it a further 7k with a simple phone call.
That's 32k off without it ever being a used car. I did the deal for him, the paperwork, the calls everything..
I wonder did anyone in the country buy an 80k+ ID GTX car, or even a 70k+ car....I really hope not. That's an awful wallop.if someone did
If least stopping is the only metric then diesel is the only choice. Same with only using motorway fill ups. Assuming prices don't change.
It really does depend on your timimg though, and how you define an early adopter.
I imported a BMW i3 in 2018, when EVs were still seen as a real rare exotic, and pre-Brexit was able to get it for €17k - I'd see myself as an early adopter.
Traded it last year for an MG4 and got €12.5k trade in.
The recent price drops didn't really affect the true early adopters - they affected those who bought when all cars, especially EVs were at a high price due to Covid production issues, and just prior to production and supply ramping back up. EVs took an especially large hit as at the exact same time Chinese producers like MG and BYD came to Europe.
So EV producers like Stellantis, VW and Tesla had been living a high price bubble hidden partially by Covid excuses - then the pin prick of BYD and MG came along to burst it. Tesla reacted quickly and mercilessly by slashing almost 20% off prices immediately, leaving all the others scrambling to find a place between 'bargain' MG prices and 'premium' Tesla prices.
So, yes, early adopters of the Gen 2 EVs have been caught out by a combination of Covid inflation, and sudden rapid competition - but that is now being turned into a fear that EVs will continue to rapidly devalue and also twisted by media that this is driven by fear of EV problems - as opposed to pure competition.
Odds are the prices have reached their new levels. MG and BYD can't really go much lower, and are only achieving their margins due to Chinese Govt subsidies - which could dry up as the Chinese market is satuated now. European manufacturers are struggling to make a profit at new level so can't really cut more. Only curve ball is Tesla, as Musk has shown to be unpredicatable, their share price is plumetting as suddenly they are producing more that demand (after years of not keeping up). He could suddenly decide on another big drop - but by all accounts Tesla cars are just barely profitable by unit.
Not sure where the minimum of 30mins comes from, seems outdated.
A standard range Model Y for example would be around 15mins required, a long range Model 3 wouldn't need any stops.
I am all for EVs but recent price drops will leave a sour taste in many early adopters mouths and this will likely leak out to a willing media been paid to promote bad news stories about EVs.
As soon as I can afford one I will be getting one.
I suppose the main reason you'd want more range in an EV than in a petrol/diesel is to do with the differing speed of refueling. A petrol car with a small range (say 300km) could do Cork to Belfast (420km) with one stop lasting 5-10 minutes. In an EV you're talking a minimum of 30 minutes to 80%, and that's assuming you're not waiting at the stopoff for a charger to become free
Now before I get berated I will say you will likely be stopping off for a toilet break anyway and I would also say that with the way fuel prices are going you will soon be saving a significant amount of money doing it in an EV (the 3X Rule suggests 70c/kWh is equivalent to €2.10/L) and that it would be well worth the inconvenience. But it is inconvenient and we need to counter the mentality
Oh sorry, my response was purely in relation to cost
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