Electrical Automobile (EV) guarantee claims have elevated by 370% over the previous three years reflecting the growing upkeep wants of an growing older fleet.

Possession options specialist MotorEasy stated that following its personal survey, the findings dispel the misunderstanding that EVs have fewer servicing, upkeep and restore (SMR) necessities than ICE automobiles, demonstrating that the fee implications of EV possession require as a lot monetary planning as petrol and diesel automobiles.

Alongside the growing quantity of repairs, the common value of an EV guarantee declare has additionally proven a big uptick.

For instance, in 2021, the common declare throughout the MG EV vary was £430 and in 2023 it’s £2,200, a 390% enhance. The same pattern can be seen with Tesla, with the price of claims rising 231% since 2021.

Duncan McClure Fisher, CEO of MotorEasy’s dad or mum firm Clever Motoring stated: “Whereas there stays a notion that EVs have fewer transferring elements and fewer can go improper with them, in actuality we’re seeing an equal mixture of failures to petrol and diesel automobiles.

“Regardless of the drivetrain parts being clearly very completely different, the suspension and braking parts are sometimes very comparable, and are put beneath higher pressure as a result of elevated weight of EVs. This creates the same breadth of failures for EVs versus ICE automobiles, although a slight swing from drivetrain points to suspension and braking points will be noticed.”