Way back in the mid-1980s, communist Yugoslavia exported the Yugo, a compact car that sold for around $4,000. It was so poorly made that bumping into a pole at 5 mph could total it .
Fast forward to today, and a new class of cars has a similar problem. A minor accident can cause a total loss, even if the car’s been driven only a few miles. The only difference is that these cars aren’t cheap imports from some godforsaken socialist state. These are state-of-art electric vehicles that come with an average sticker price of $55,000.
Why are insurance companies totaling low-mileage EVs that have been in a fender bender? For the same reason you could total a new Yugo when backing out of a parking spot. The cost of repair is exorbitant.
As Reuters reported recently, “For many electric vehicles, there is no way to repair or assess even slightly damaged […]
Read the Whole Article From the Source: issuesinsights.com
Bypass Big Tech Censors
Looking for more stories? Check out our homepage for headlines that matter from across the net, or visit the most comprehensive conservative news aggregator on the net, The Liberty Daily.