Data from Cap HPI shows that EVs are written off at less than half the rate of petrol and diesel cars. Over the past nine years, the study found that only 0.9% of EVs under five years old have been written off, compared to 1.89% for petrol and diesel vehicles in the same age range. At the one-year mark, the trend is similar, with just 0.2% of EVs being written off compared to 0.4% for internal combustion engine (ICE) vehicles, according to AM Online.
Jon Clay, identification director at Cap HPI, emphasised that these findings challenge misconceptions about electric vehicles. He pointed out that the data clearly shows EVs are written off at a significantly lower rate than petrol and diesel vehicles.
Clay also noted that the motor industry must work together to counter the spread of misinformation about EVs, particularly online so that consumers and fleet buyers can make well-informed decisions.
The study also highlighted that there are currently 1.25 million fully electric vehicles under five years old on UK roads, with 355,000 of those under one year old. As EV adoption continues to rise, industry data shows a 10.8% increase in battery electric vehicle (BEV) registrations in August compared to the previous year, accounting for 22.6% of all new vehicle registrations.
Amid rising concerns about misinformation surrounding EVs, Richard Bruce, director of transport decarbonisation at the Department for Transport, emphasised the need to dispel common myths. He pointed out that a campaign of misinformation has been circulating for the past 14 months, contributing to negative perceptions of EVs, often based on falsehoods.
Source www.am-online.com
