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Plugged-In: EV Collision Insights Q2 2023
Electric vehicle (EV) repairable claims frequency rose to 1.49% in the US and 2.64% in Canada in Q2 2023, which is an increase of 0.36% and 0.23% respectively over Q1. Tesla, the largest EV manufacturer in the world, saw its U.S. market share of repairable vehicles fall to 74.57% of all EVs repaired.
Latest Mitchell Report Details Collision Claim and Repair Differences Between Electric and Internal Combustion Engine Vehicles
Mitchell today announced the availability of its Q2 2023 report: Plugged-In: EV Collision Insights. The report highlights a continued increase in electric vehicle (EV) repairable claims frequency, which rose to 1.49% in the U.S. and 2.64% in Canada last quarter. It also documents the differences in claims severity, post-accident drivability and collision repair when comparing EVs to automobiles powered by an internal combustion engine (ICE).
CIECA Connex Conference 2023
CIECA Connex 2023 is an engaging, two-day conference on the theme "Connected Car | Connected Industry". Participants will hear about the impact of new and emerging technologies—including ADAS and autonomous features—on the collision industry and its delivery of proper, safe vehicle repairs.
Achieve Operational Excellence
A national insurance carrier had a decentralized claim handling model with five vendors providing bill review services.
Current Used Vehicle Market Conditions: Q2 2023
Average wholesale used vehicle prices softened from their April peaks in May and into June. Retail used vehicle sales and Certified Pre-Owned (CPO) sales continue to be well below pre-pandemic levels.
Progressive Implements Mitchell’s Estimating Platform to Help Streamline Appraisals of Light-, Medium- and Heavy-Duty Trucks
Largest U.S. writer of commercial auto insurance uses Mitchell Cloud Estimating TruckMax and the company’s cloud-based platform to complete commercial, specialty and passenger vehicle appraisals