Posted on 03/22/2023 12:47:58 PM PDT by rktman
A growing number of electric vehicles are reportedly being written off when even the slightest damage is done to their batteries - driving up owner costs and negating any environmental benefit of going “green.”
As Reuters reports, insurance companies are writing off more and more low-mileage electric vehicles that have only minor damage, because any harm to the battery packs can’t be accessed or repaired. With some Tesla models, for example, the battery packs are actually glued into the car’s structure, making them difficult to remove, replace or repair.
"A Tesla structural battery pack is going straight to the grinder," one industry analyst told Reuters.
According to insurers and industry experts interviewed by Reuters, scrapping low-mileage electric vehicles, because they have only minor damage, comes with significant consumer costs.
Electric vehicle insurance premiums, which are already 27% higher than those for gas-powered vehicles, will continue to spike. The cost to replace a battery pack can exceed $15,000. The cost to replace a battery pack can constitute up to half of the price some consumers paid for their electric vehicles, prompting them to incur the financial burden of buying a new vehicle.
And, as Columnist John Stossel has noted, the production of electric vehicle batteries - and their early, frequent replacement – is anathema to the goals of the “green” movement.
(Excerpt) Read more at cnsnews.com ...
I’ve said on other posts
I’m reminded of the Soviet Union
Our woke/neo-marxist central planners are in a race between bankruptcy/collapse, and implementing their utopian schemes.
Ya know for $5k probably way less if your internal combustion engine craps out you can just drop another one in. 🤔
She can watch the crack a me ass
Don’t you know it is a brave new world, shut up and don’t complain.</s>
“This is what happens when you force a new technology before it is mature”
Glad there not doing that with vaccines. 😏
“”Electric vehicle insurance premiums, which are already 27% higher than those for gas-powered vehicles, will continue to spike””
If I were in the auto insurance business, I would be very careful about what target is about to appear on my back. Very soon the plethora of adjectives the left uses (greedy, capitalist, rich, wealthy, etc) will begin appearing in the Drive-By Media. HOW DARE they harm our march forward, to a bright, new electric future.
Kalifornia shut down a natural gas power plant and placed massive amounts of Tesla batteries inside the very same building used for the natural gas. There is no comment on just how the batteries are charged. Twice in the last 2 years the plant has been shut down due to battery fires. Sometimes they are shut down for months. No word on what the public does for energy.
Fitting that the global face of the greenies is a retarded girl.
Idea-—demolition derby EV races.
Or simply a revival of old style stock car races.
A memory of childhood was the early to mid 1950s races outside of Detroit. Motor City Speedway in Warren. We used to hold up seat cushions when cars swerved and kicked cidners and dirt into the air toward us.
Let’s buy a used EV …
What could go wrong ??
“The cost to replace a battery pack can constitute up to half of the price some consumers paid for their electric vehicles...”
Is that half the price before or after government subsidies?
“If I were in the auto insurance business, I would be very careful about what target is about to appear on my back.”
Good point, since the auto insurance industry profits greatly from government mandates...
Valve jobs are up to $3k+. Don’t ask me how I know.
Dang. Good price on a crate engine.
Not able to be fixed, not able to be recycled, not able to scrap....... what a concept!
I think there will be a market for EV to ICE conversion kits.
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