Electric Car Revolution Threatened By Excessive Insurance, Repair Costs – Report

According to a report, the high cost of insuring an electric car in Britain and a lack of competent repairers will jeopardize the emerging market for EVs unless urgent action is taken.

The report, from automotive risk intelligence company Thatcham Research and the British government agency Innovate U.K., said there are several significant challenges to battery electric vehicles (BEV).