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Wednesday, 29 June 2022 09:57

CIECAST Explores What’s Driving EV Adoption and How Collision Repairers Need to Prepare

Written by Abby Andrews

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CIECA hosted its latest CIECAST webinar on June 23, “Charged for Success: Understanding EV Trends and Their Impact.”

Ryan Mandell, director of claims performance for Mitchell International, spoke about the trends in electric vehicle adoption and what is driving them, how EVs should be handled differently in a repair facility than their gas-powered counterparts, and what needs to be done to facilitate better, safer repairs.

 

“This is a critical topic for collision repair and the industry as a whole,” Mandell said.

 

Mandell said the last couple of years have been tough on new vehicles sales overall, due to parts shortages and supply chain issues---except for EV sales, which have been a bright spot.

 

Gross volumes of EV sales grew 5% at the same time total vehicle sales decreased 15%, Mandell said.

 

Bloomberg recently projected worldwide EV sales to grow from 6.6 million in 2021 to 21 million in 2025.

 

“People are very bullish on EVs,” he said.

 

Mandell said charging infrastructure is growing but has a long way to go. DC Fast Chargers---which will be key to making long-distance traveling feasible, as they can charge a battery to 80% in about a half hour---increased in the U.S. by 24% in 2021.

 

Batteries are also improving to increase range and decrease “range anxiety” among drivers, Mandell said. The battery is 35% to 50% of the total cost to build an EV, so as mining for components becomes more efficient, it will drive down what consumers have to pay for an EV.

 

However, the recent increasing prices for many of the metals that go into batteries, including nickel, lithium and cobalt, will...


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