Thursday, May 15, 2025

Repair claims by owners of electric vehicles soar 370% in past three years

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Victoria Smith
Victoria Smithhttps://dailyobserver.uk
A well organized Business Reporter experienced in writing financial articles, e-books, essays, editorial pieces, press releases. 15+ years of experience in writing and editing financial news Excellent knowledge of the stock market functions and financial world. Skilled in researching and collecting information on business world important happenings and events.

The Daily Observer London Desk: Reporter- Victoria Smith

Repair claims by owners of electric vehicles have soared 370 per cent in the past three years, figures from specialist warranty firm MotorEasy reveal.

It said: ‘The growth, while partly explained by an increase in the number of EVs that MotorEasy now has under warranty cover, is also reflective of an ageing EV fleet, with problems now starting to emerge.’

In 2021 it said the average claim across MG’s electric range was £430 (MG4 EV). That has soared fivefold to £2,200 now.

Increase: In 2021 MotorEasy said the average claim across MG’s electric range was £430 (MG4 EV, pictured)

‘A similar trend can also be seen with Tesla, with the cost of claims rising 231 per cent since 2021,’ it noted.

Duncan McClure Fisher, CEO of MotorEasy’s parent company Intelligent Motoring, says: ‘While there remains a perception that EVs have fewer moving parts and less can go wrong with them, in reality we’re seeing an equivalent mix of failures to petrol and diesel vehicles.’

Toyota’s 3,000 electric cars for Games

Toyota is to provide nearly 3,000 cars for next year’s Olympic and Paralympic Games in Paris — all ‘electrified’.

They include: 500 zero-emissions Mirai hydrogen fuel-cell EVs, pictured; 1,000 battery-electric cars such as the oddly named bZ4X and Lexus RZ; 845 self-charging and 176 plug-in petrol-electric hybrids such as the RAV4; as well as 150 wheelchair accessible pure electrics.

Toyota is to provide nearly 3,000 cars for next year's Olympic and Paralympic Games in Paris — all 'electrified'

Toyota is to provide nearly 3,000 cars for next year’s Olympic and Paralympic Games in Paris — all ‘electrified’

The fleet also includes the Toyota Corolla Touring Sports, Yaris Cross and Highlander, all with hybrid electric technology.

Toyota says it aims to reduce vehicle carbon emissions at the 2024 Games by 50 per cent compared with previous Olympics, adding: ‘Around 60 per cent of the fleet will have zero tailpipe emissions.’

After the games, all Mirai vehicles will join the French capital’s hydrogen taxi fleet, increasing its fuel-cell electric models to 1,500.

Victoria Smith
Victoria Smithhttps://dailyobserver.uk
A well organized Business Reporter experienced in writing financial articles, e-books, essays, editorial pieces, press releases. 15+ years of experience in writing and editing financial news Excellent knowledge of the stock market functions and financial world. Skilled in researching and collecting information on business world important happenings and events.

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Victoria Smith
Victoria Smithhttps://dailyobserver.uk
A well organized Business Reporter experienced in writing financial articles, e-books, essays, editorial pieces, press releases. 15+ years of experience in writing and editing financial news Excellent knowledge of the stock market functions and financial world. Skilled in researching and collecting information on business world important happenings and events.