And it isn't sold.
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This article in the Financial Times says 880 vehicles were damaged in the recent Korean EV fire.
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And another 200 more at Lisbon airport.
How much longer will the insurers tolerate and underwrite this risk? They're not usually known for their philanthropy.
I'll save my thoughts on this for CA.
Its more science than CA JT Some suggest " Vehicles with internal combustion engines (your traditional petrol and diesel vehicles) had a significantly higher number of fires compared to fully electric vehicles. The study revealed that petrol and diesel vehicles experienced 1530 fires per 100,000 vehicles, while only 25 out of 100,000 fully electric vehicles caught fire. "
How Safe is Your Electric Vehicle From Fire? - EVSE Australia
Others say there is 80% less fires now than 40 years ago
Top 12 Car Fire Statistics
- There were 212,500 vehicle fires in 2018.
- The number of vehicle fires went up slightly between 2018 and 2019.
- Older vehicles are the most likely to catch on fire.
- The national average is one fire per 19 million miles driven.
- Vehicle file fires have fallen by more than 80% since 1980.
- Passenger vehicles had the most fires.
- Highway fires are the most common between 3:00 and 6:00 PM.
- 1988 was the worst year for highway vehicle fires on record.
- In 2018, vehicle fires resulted in 560 deaths.
- Vehicle fires cause more deaths than apartment fires.
- Most casualties involving vehicle fires are male.
- Collisions are the leading cause of vehicle fires resulting in death.
12 Car Fire Statistics to Know in 2024 | House Grail
Fairy sure insurance companies are well aware [thumbsupbig]
This was nasty!
"Electric vehicle fires are very rare. The risk for petrol and diesel vehicles is at least 20 times higher"
Electric vehicle fires are very rare. The risk for petrol and diesel vehicles is at least 20 times higher (theconversation.com)
I haven't checked the data. I haven't seen a car or bike of mine catch fire happily