Question to the Department for Transport:
To ask the Secretary of State for Transport, what assessment the Department has made of the potential impact of higher electric vehicle repair costs on insurance premiums, and by when it expects its proposed battery health measures to reduce those costs for consumers.
The Government works closely with the insurance sector to ensure the transition to zero emission vehicles is sustainable and affordable. The setting of premiums is a commercial decision for individual insurers and the Government does not seek to control the market.
The Government is exploring options to adopt battery health regulations which would provide consumers with clearer information on an electric vehicle’s remaining battery capacity. These measures would aim to raise consumer confidence in second-hand electric vehicle purchases.