EV battery damage makes up just a few percent of Allianz's motor insurance claims, but 8% of claims costs in Germany, Lauterwasser said. Germany's insurers pool data on vehicle claims data and ...
Insurers are being forced to write off many electric vehicles with only minor damage to battery packs, sending the batteries to scrap yards and hindering the climate benefits of going electric ...
Talent New Energy, a relative newcomer to the EV battery industry, has promised a solid-state battery that could outdo the rest of the EV industry. TopSpeed / Freepik At the tail end of the ...
Chances are you've owned a battery-powered device at some point in your life that's let you down. Maybe it was a cordless drill with a sudden lack of torque, or a smartphone that had you reaching ...
In the next five years, significant upgrades to the batteries in electric vehicles should finally hit the market. In the works for decades, these changes are likely to mean that by 2030, gas ...
Electric cars are slowly but surely getting cheaper. Over the past year or so, Ford and Tesla have been discounting their most popular electric cars while other brands, like Rivian, are laying the ...
The price of EV battery cells and packs is expected to rise this year for the first time in decades, as demand for electric vehicles runs ahead of the industry's ability to secure adequate ...
Opinions expressed by Forbes Contributors are their own. I cover the auto industry, from breaking news to car reviews. The Hummer EV battery is a lithium-ion battery, which is a type of ...
A Tesla sign is pictured outside the Tesla Gigafactory 2 in Buffalo, New York, U.S., February 13, 2022. REUTERS/Carlo Allegri/File Photo Tesla will lay off 285 employees in Buffalo, New York, as ...
A Reuters search of EV salvage sales in the U.S. and Europe shows a large portion of low-mileage Teslas, ... Allianz has seen scratched battery packs where the cells inside are likely undamaged, ...