Average repairable severity for EVs was higher than vehicles with an internal combustion engine, according to a report by Mitchell. ADAS may be contributing to those higher costs.
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Web user traffic and page views at Charged Fleet show what topics interested managers of fleet electric vehicles during 2023.
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EVs can be 27% to 53% more costly to repair than gas-powered vehicles, particularly relating to new ADAS technologies. Automotive repair and collision technicians need new tools to adjust.
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A variety of factors converged to exert upward pressure on preventive maintenance costs, such as longer vehicle service lives due to limited product availability, the ongoing transition to synthetic oils, and higher labor rates to attract scarce technicians.
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Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
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Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
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This delivery service fleet opted for full-service leasing to maintain its trucks and reduce the stress of unexpected repairs.
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