Wednesday 05 July 2023 6:06 am
The transition to battery electric vehicles (BEVs) will “force a whole-scale adaption of the motor insurance sector” as it struggles to find a solution to the additional costs involved in insuring the new technology, a new report has warned.
BEV claims are already 25.5 per cent more expensive than their combustion engine counterparts and could rise “disproportionately” according to a new report from Thatcham Research – an…
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