Mitchell has announced the publication of its latest trends report: Plugged-In: EV Collision Insights. This issue provides a year-over-year analysis of electric vehicle (EV) claims volume, which increased in 2023 by more than 40% in the U.S. and Canada.
“2023 was a record year for electric vehicles,” said Ryan Mandell, director of claims performance for Mitchell. “Not only did the frequency of EV collision claims rise to historic levels, but the U.S. also surpassed 1.2 million in new EV sales for the first time ever. As long as consumer adoption remains strong, EVs will continue to have a significant impact on the auto insurance industry — creating challenges for everything from underwriting to the delivery of proper and safe repairs.”