EVS IN 2024
According to Mitchell’s Plugged-In: EV Collision Insights 2024 Year in Review, electric vehicle (EV) repairable claims frequency has increased by 34 percent from 2023. EV claims frequency for collision-damaged, repairable battery electric vehicles (BEVs) further rose to 3.84 percent in Canada compared to an increase of 2.71 percent in the United States. These statistics represent a year-over-year increase of 34 percent and 38 percent respectively. And, when looking at BEV total loss frequency, the report indicates an increase in Canada from 5.9 percent in 2023 to 8.7 percent in 2024.
ELECTRIC HAZE
An Automotive Retailers Association B.C. Auto Recyclers’ Division (BCAR) summary analysis on EVs sold via ICBC auctions in 2023 and their rebuild and inspection rates reveals that, despite a high number of EVs being designated for rebuilding, only 20 percent of these vehicles were successfully rebuilt to pass the Commercial Vehicle Safety and Enforcement (CVSE) inspections. BCAR notes that 652 EV units were sold via ICBC auctions in 2023; these were either rebuild-designated vehicles (588 units or 90 percent of total) or dismantle parts only (DPO) (64 units or 9.8 percent of total). BCAR concludes the report by stating the need for stronger policies and industry collaboration should B.C. meet its 2035 ZEV mandate.
