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 “hybrids”
OEMs have indicated, however, that it will take sustained gas prices of greater than $5 a gallon before a big industry-wide shift in the vehicle mix.
By 2030, about 50 percent of Ford’s global volume will be hybrids, extended-range EVs and electric vehicles, versus 17 percent today.
“Electrified powertrains are the new mainstream, and the momentum behind them is accelerating faster than most people realize,” says analyst.
Despite decades of experience, 73% of professional technicians cited a struggle with limited OE data access and other digital restrictions, not lack of skill.
Toyota reigned again this quarter as the top-selling brand, capturing 17.4 percent of the state’s market share compared to Tesla’s 9.8 percent.
OEM parts remain more frequently used in EV repairs with 83% of the parts dollars represented on estimates versus 63% of parts for ICE alternatives.
