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While EV Sales Slow, Insurance Claims Rise

Brake & Front End

Although BEV sales have slowed in 2024, sales of mild and plug-in hybrid automobiles remain strong,” Ryan Mandell, director of claims performance for Mitchell, said. However, with both an ICE and small electric battery, mild hybrids are remarkably similar to gasoline-only powered automobiles when it comes to claims severity.”

Insurance 130
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While EV Sales Slow, Insurance Claims Rise

Tomorrow's Technician

Although BEV sales have slowed in 2024, sales of mild and plug-in hybrid automobiles remain strong,” Ryan Mandell, director of claims performance for Mitchell, said. However, with both an ICE and small electric battery, mild hybrids are remarkably similar to gasoline-only powered automobiles when it comes to claims severity.”

Insurance 130
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autoevolution

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autoevolution

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