A shift in claims trends is introducing new challenges for insurers and repairers related to risk exposure, cycle time and repair complexity.
Posts tagged as “evs”
Battery electric vehicles were a strong and growing share of new EV sales in the U.S. before 2023, but now the hybrid market is growing faster than BEVs.
Electric vehicle adoption remains limited, with just 9% of car buyers planning to purchase an EV, compared to 21% opting for hybrid vehicles.
States with the most and least charging stations per EVs, highest and lowest EV populations, states with biggest EV registration increases and more.
Despite fluctuating sales, recent data shows EV repair volume continues to rise, making electric vehicle readiness an operational priority for shops.
Electrification of vehicles, connected mobility ecosystems, and digitization of service delivery will fuel growth. Here are the challenges and opportunities.
Collision facilities are now required to maintain, or expand, existing capabilities and auto insurers need to account for the additional repair operations.
