Rivian R1T electric truck on display on Capitol Hill in Washington, D.C., on Wednesday, November 17, 2021. The electric pickup truck by Rivian, manufactured in an old Mitsubishi plant in Normal, Illinois, began delivering to customers in September at a starting price of $67,500. Photo: Diego M. Radzinschi/ALM Tesla vehicles continue to make up the lion's share of EV repair claims. This can be correlated to the carmaker being the dominant player in the U.S. EV market, accounting for 62.4% of the sector's sales as of Q1 2023. (Credit: Diego M. Radzinschi/ALM)

The U.S. saw record-breaking electric vehicle sales during the first quarter of 2023, with more than 250,000 vehicles sold, accounting for 7.2% of new car sales. While sales of EVs were growing, their repairable claims frequency saw a small increase in both the U.S. and Canada, according to Mitchell, an Enlyte Company.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]