Recent insurance data from Mitchell indicates that the average repair cost for electric vehicles (EVs) in the U.S. was $6,236, comparable to newer internal combustion engine (ICE) vehicles. This report suggests that concerns about high repair costs for EVs may be unfounded as costs have decreased by 3% from the previous year. Notably, plug-in hybrids had slightly lower average claims of $5,583, while traditional combustion cars averaged $5,066. This data reflects a growing acceptance of EVs amid increasing repair frequencies, as their total loss percentage rose from 8% to 10.2% in 2023.
The average cost of repairing an EV last year in the United States was on par with a newer model combustion car, at $6,236.
According to Mitchell's report, costs are coming down for EV repairs, showing a year-over-year decrease of 3%, which is promising for EV owners.
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