this post was submitted on 05 May 2024
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The logical follow on from this is that EV owners should have cheaper car insurance. With far fewer moving parts they will also have much cheaper maintenance costs. Added to that EVs are cheaper to buy. China has reached the point where 50% of new car sales are EVs much quicker than anyone expected. Most people thought that was years away, but we're already there. How soon before people start talking about a "death spiral" when it comes to gasoline cars?
Relevant Data
Per 1,000 vehicles of 3 year old cars
ICE 6.4
BEV 2.8
The ADAC even noted a growing lead for electric cars in recent years. The analysis was based on the more than 3.5 million call-outs made by ADAC breakdown services last year
Car insurance doesn't cover breakdowns. EVs are expensive to repair right now.
Citation please. I have an EV and a gas powered truck. My truck is a hole in my wallet that bleeds money. In the entirety of the time that I've had my EV, I've had to.. get the breaks done.
Same manufacturer (Nissan), same-ish years.
Also have you had an ICE vehicle repaired recently? They too are extremely expensive to be worked on.
Even without a source I can see how ICE vehicles are cheaper to repair (assuming you don't have some high-end expensive car. I had a relatively "new"-ish engine replaced in my ICE vehicle (I'll let you guess the make/model) for just under $2,200, this is including labor.
ICE vehicles are "old tech" and everyone knows how they work and where to source cheaper (new or rebuilt) parts. All bets are off if you're working directly with a dealer when trying to save money.
I'm looking forward to owning an EV at some point, but will definitely need to find someone who's competent whenever any major issues appear. Hopefully by then they're significantly more common and the industry has more people that are competent at that type of work.