1 week ago
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Lack of parts and outdated laws also contributing to long repair wait times and ballooning premiums
Electric vehicles are routinely being written off after minor accidents, as a shortage of skilled mechanics and parts, as well as outdated laws, leads Australian insurers to scrap EVs prematurely instead of repairing them.
Despite the scarcity of supply that has plagued the local market in recent years, in part due to the lack of a fuel-efficiency standard, the financial reality of insuring EVs is continuing to consign them to scrap yards while inflating premiums for owners.
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