Tesla tops list of most expensive EVs to repair, new research reveals

By / 5 months ago / UK News / No Comments

Tesla vehicles, the most common electric vehicles on UK roads, are also the most expensive to repair according to newly published data from Activate Group and Gecko Risk.

Activate Group and Gecko Risk have tied up to provide fleets with key insights on EV adoption and repair in the UK

The two firms have joined forces to provide fleets and insurers with in-depth EV data and insights – and have marked their partnership with key insights on EV adoption and repair in the UK.

The new partnership will enable accident management specialist Activate to provide EV analysis to fleets via its Sopp+Sopp business, and for insurance customers through Motor Repair Network, supporting its work to ensure high levels of EV capability across its UK repair network.

Gecko Risk brings together key information from across the industry and presents it in highly visual, customisable dashboards, covering everything from make and model differentiation, to charging points and repair data.

Pete Thompson, director of product at Activate Group, said: “Our product roadmap is built around a data-driven, customer-focused approach to the big changes in our industry.

“We know fleets and insurers are developing their AFV strategies, and we’re delighted to partner with Gecko Risk so that both us and our customers can benefit from the rich insights within the platform.”

Key findings revealed in the snapshot report, which focuses solely on fully electric cars, include:

  • EV adoption has risen sharply since 2019, and there are now almost 920,000 EVs on UK roads.
  • Tesla is by far the most popular BEV manufacturer in the UK with over 180,000 registered vehicles – almost as many as its three nearest rivals (Volkswagen, Nissan, and BMW) combined.
  • According to Gecko Risk, the average EV repair cost over the last four years is just under £2,600. This has remained fairly consistent, however repair costs vary significantly by vehicle manufacturer.
  • As well as being the most common EVs in the UK, Teslas are also the most expensive to repair, with an average repair cost of more than £3,000.
  • The EV specialist is closely followed by other high-end marques, with Mercedes-Benz (£2,996) and BMW (£2,938) coming in as the second and third most expensive EVs to repair.
  • On the other side of the coin, Volkswagen, the UK’s second most popular EV manufacturer, returned a relatively low average repair cost of just over £2,300.

Commenting on the analysis, Hannah Wilcox, CEO of Activate Group, said: “It’s encouraging to see that EV repair costs have remained relatively stable despite a significant increase in demand as the number of EVs on the road rises.

“In terms of repair cost by manufacturer, we expect to see higher average repair costs for prestige marques. This is driven by the cost of parts, as well as the technology and systems fitted to these vehicles.

“As a specialist EV manufacturer, Tesla makes a relatively low number of vehicles in comparison to the total produced by established manufacturers like Volkswagen and MG. This means long lead times and high costs for replacement parts, as well as a smaller number of approved repairers.”

Wilcox continued: “This high-level data snapshot highlights the broad range of factors at play when making EV strategy decisions.

“Our partnership with Gecko allows us to really dig into the detail and ensure we’re best placed to support our customers as AFV volumes increase.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.