Thatcham Research proposes EV Blueprint that could significantly reduce unnecessary insurance write-offs

Thatcham Research proposes EV Blueprint that could significantly reduce unnecessary insurance write-offs
Its framework shows that, instead of replacing a battery that can represent 40% of the car’s total value, it could be economically repaired, and it calls on the industry to adopt new standards with the potential to reduce insurance premiums through lower total loss rates and improved salvage values.
#CentreforEconomicsandBusinessResearch #electricvehicleinsurability #EVBlueprint #EVinsurability #Futurride #Generational #sustainablemobility #ThatchamResearch #ThatchamResearchEVBlueprint https://futurride.com/2026/03/03/thatcham-research-proposes-ev-blueprint-that-could-significantly-reduce-unnecessary-insurance-write-offs/