Electric vehicle insurance premiums are set to soar under a regime shake-up that further penalises EVs for potential damage to batteries, it has been warned. The Telegraph has the story.
Insurance premiums for EVs and Chinese-made cars in particular could skyrocket after a new Vehicle Risk Rating (VRR) system was rolled out last month, an expert said.
VRR will eventually replace the group-based system of insurance, which bands vehicles into 50 separate premium categories.
Five key categories go into the VRR rating, including performance, damageability, safety, security – and “repairability”.
It is this last category that will send EV premiums soaring, Chris Rosamond of Auto Express magazine said, because the insurance industry lacks the information it needs to offer lower premiums on EVs.
Mr. Rosamond said: “If the data does show… as many or most of us expect, that there is this increased risk around batteries, then it’s likely that will emerge in, or be reflected in, premiums down the track.
“If you get a golf ball-sized dent in the battery casing of your new EV, for example, there is no sort of technical reference available for insurers to be able to say with 100% certainty that a repair has fixed that and returned it to, effectively, its original condition.”
Professor David Bailey of the University of Birmingham told the Telegraph that Chinese EV manufacturers are struggling to keep up with the demand for spares for repairers.
“So they’ve entered the market [but] not necessarily set up a distribution system in terms of parts for the vehicles, which has meant that actually getting them repaired at all has proven to be quite difficult,” he said.
“Especially on the EV side. I mean, there’s a combination of things there anyway. One is repairers’ knowledge in general of repairing EVs; not all repairers can do that.”
Worth reading in full.
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Å gjøre noen en bjørnetjeneste.
Wake up, my Norwegians. Wake up. For the sake of the bairns. This is not what the Heroes of Telemark fought for. My heart rips apart.
My first thoughts are how cruel. And there is a strong, malicious cruelty element to this blatant attempt at brainwashing. However, the Norwegian government is in grave danger of making itself a laughing stock. Sino Sunak, useless though he is, has scuppered the pro NPI argument good and proper so the Nogs (as they were known in my student days) are out on a limb with this garbage. Will they roll it back? Probably not but they will become and remain silly looking clowns for pursuing this Orwellian type propoganda.
This really is a case of when in a hole….
A bit of humour as the work from home week comes to a close.
Norway’s the sort of country that has a training camp on an island run by a left wing political party. We’d never have heard about it if a psycho hadn’t committed mass murder there one time. It’s another basket case of a country like Canada.
True, but don’t single Norway out for this sort of shyte. It’s everywhere. In this country, for example, it’s called “school” and “uni”, and even “scouts”.
Oh, I’m not. I’ve condemned most countries in the world. I believe we need a modern diaspora: we need new countries. People who want a health security state can move to one continent. People who prize liberty and risk can move to another. Let Joe Biden become President of the US of Europe and the former FBI can restart the Gestapo in Germany. The rest of us can move to the USA and live under the US Constitution, unfettered by Democrats who want to destroy it!
Hear, hear! But I wouldn’t put too much faith in that constitution… remember, we are governed not by laws, nor even by anti-laws (as I see the US Constitution) – but by convention!
No vaccine can ever protect against infection with a pathogen. That’s a ludicrous propositon. For the immune system to act against something, it must be there to begin with, ie, it must have infected the body first.
The education sector is rife with the most rabid collectivists.
It’s a refuge for the mediocre who scrounge for status by lording it over children, who are the least able in society to stand up to them.
That is certainly not an indictment of all or even most people in the industry, but even those who aren’t that way share responsibility for allowing the worst elements to hijack the system and impose their horrid ideas.
Indeed. Hitler cultivated the children, and fostered an image of animal-loving, benevolent Uncle…
Absolutely not. Hitler wanted military discipline for children as early as feasible and regarded himself as the highest authority of command in the hierarchically organized state/ society.
I think the only thing many of those children are going to learn, as did we adults, is that governments and their agencies cannot be trusted. They cannot be trusted to tell the truth or to put the interests of citizens above those of big pharma and other corrupt globalist forces. The tide is slowly but surely turning against those who propagated and maintain the lies around covid. If I were them, I would start worrying about that day of reckoning when they will be held responsible for deceitful and callous behaviour
They could have included a list of modern euphemisms and the equivalent meaning, e.g. “adverse reaction” = “injury”, and so on.
‘The Science’ is not Science.
Of course it’s not so much about whether something is “misinformation” as such, but whether or not it is government approved information. Didn’t they used to do something similar in the Soviet Union? I hear that Chinese dissidents are sending information to the poor oppressed peoples of the Western “democracies” on how to survive the new totalitarianism…
Without the Enablers, the Abuser is Powerless
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Miller is a highly qualified holistic coach and author. Here she talks about the patterns evident in abusive relationships that now appear globally since Covid-19, and what we can do to end these abusive dynamics.
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