The Hidden Price of EVs: Collision Repair Costs Revealed!

Electric vehicles promise reduced emissions and lower operational costs.

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Repair costs for EVs are consistently higher than their ICE counterparts.

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For Q2 2023, EV repair costs were higher by $963 in the US and $1,328 in Canada.

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Tesla remains the dominant player in the US EV market.

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EV collision repairs demand 90.75% of OEM parts.

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EVs have a smaller percentage of repairable parts than ICE vehicles.

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EVs are more resilient in front-end collisions due to their simpler powertrain design.

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Nearly half of US consumers are considering an EV for their next vehicle.

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As the EV market grows, disparities in repair costs are expected to decrease.

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