With EV numbers growing, it’s high time that an EV repair ecosystem was put in place, writes Pranjal Markale
Market growth for electric vehicles (EVs) continues to accelerate as companies improve battery technology and public recharging infrastructure and overcome barriers to purchase, such as high prices. Surging EV sales are testimony to this fact.
During H1 2022, sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) stood at 4.3 million, up 62% against H1 2021. For the full year 2022, the number of BEVs is expected to reach 8 million, while PHEVs will reach 2.6 million, according to the EV-Volumes report.
The growing adoption of EVs has gradually dispelled consumers’ concerns about their range, price, and reliability. Many consumers, however, are unaware of post-purchase service scenarios, especially those related to batteries. The battery is the most expensive part of an EV. Its failure, or gradual