vinny41

New EV insurance model to be launched in Thailand January 1st 2024 OIC approves EV car insurance criteria, D-Day January 2024, collects driver history Set up a policy that specifies the names of all drivers “Of course, the time of the incident in the first year and the incident in the fifth year, the amount of liability Batteries are not equal. But the policy will have an option to give the insured the opportunity to receive full compensation. Or you can change to a new one instead. There will be an attached document where you can voluntarily purchase additional insurance.” https://www.prachachat.net/finance/news-1384213 I think its safe to say that Insurance premiums for EV's will increase either via the main policy or via additional insurance policy that covers just the battery

In the UK and China countries that have seen a large surge in new energy vehicles there seems to be a trend of insurance companies no longer willing to accept new business or renewals of new energy vehicles In China BEV are bundle into a category called new energy vehicles which consists of the government stipulates that new energy vehicles include three categories: pure electric vehicles (EV), plug-in hybrid electric vehicles (PHEV), and fuel cell vehicles (FCEV) There are some insurance companies that are still willing to accept new business or renewals of new energy vehicles but only with higher insurance premiums or additional insurances attached to the main policy such as seat insurance ( vehicle occupants liability insurance ) The refusal of no longer accepting accept new business or renewals of new energy vehicles seems to be a 2023 trend in previous years there doesn't seem to be an issue Ping An Property Insurance Company's car insurance telephone customer service also told reporters: "In the event of a collision of fuel vehicles, the amount of individual parts should be as much as possible; the collision of new energy vehicles often damages not only one part, but the whole is broken, so the amount of compensation will be higher." Therefore, the car insurance sector of new energy vehicles is not profitable, and all of them are losing money, so insurance companies are now able to do not do it. ” https://www.laitimes.com/en/article/68kom_6owzh.html

Electric vehicles: insurers balk at battery fires and write-offs Higher insurance prices make EVs less attractive to consumers

If we look at the Uk as an example EV insurance in 2022 was at a reasonable cost for the UK but as the numbers of new EV's were being registered almost almost 270,000 new vehicles insurance premiums have increased In the Facebook group, members share stories of horror renewal quotes, with increases ranging from 60% (up to £1,100) to a staggering 940% (a jump from £447 to £4,661, according to a screengrab shared by one driver). Analysts say claims costs are 25% higher for electric cars, and that they also take about 14% longer to repair than a diesel or petrol equivalent. The cost and availability of parts is a factor, explains Paul Baxter, the chief executive of the new brand the Green Insurer. There is also concern around the batteries, and that damage, especially to the underside, can be expensive to fix. https://www.theguardian.com/money/2023/sep/30/the-quotes-were-5000-or-more-electric-vehicle-owners-face-soaring-insurance-costs the jump of £447 ( B20,000) to £4,661 (B209,745 is huge

This guy has already stated He expressed his concern that many insurance companies in Thailand were currently competing to offer the most affordable rates in order to attract the majority of EV car owners. The move, he believes, is lacking in prudence and overlooks the EV's loss ratio. https://www.nationthailand.com/business/corporate/40033774 I think he his indicating a potential rerun of the Covid insurance fiasco but next time it will be EV insurance fiasco

New cars prices start from B500,000 most new cars will include 1 years car insurance Neta V for example as shown here https://www.neta.co.th/en/promotion/promotion_ExclusiveDeal https://www.facebook.com/NetaAutoThailand If your only interested in a city car and not planning long trips check out Volt and Wuling prices start from B375,000 last time i looked https://www.wulingthai.com/booking/air-ev Used Car market is in early stages of development in Thailand Byd has announce an inspection service for car sellers and buyers there was an announcement they are planning to start selling used cars sometime in 2024 https://mgronline.com/motoring/detail/9660000071390 Biggest problem at the moment for used electric cars in Thailand is for some reason Banks and Finance companies when applying for finance for used electric cars answer is computer says no They offer finance for new EV's but not for Used EV's Most of the Facebook groups pages state impossible to get finance for used EV's I am sure their will be a used car market for EV's in the future Majority of cars are purchased in Thailand using finance

My understanding is the seal uses different material for the casing Some Seal owners are buying an aftermarket product to increase the protection of the underbody not for rodent issues for what they see as other potential road hazard's that people may encounter on the roads https://www.facebook.com/profile.php?id=100063619101882

Point Your not a mod on this forum so you don't get the right to tell other members to shut up As the original poster of this topic doesn't give you any increased rights over and above any other forum member And your incorrect in your assessment about me I am not an EV hater but equally I am not someone that take's much notice to a social media influencer can't cope with negative feedback This is why people that are interested in EV's have no time for social media influencer who throw they toys out of their prams because someone posts concerns about EV's I have yet to see a single post from you that you have concerns over an EV Brands request owners to remove any posts before providing any assistance as shown here Hello, I'm the owner of the case who came out to report information. Feet that gather together and look at posting questions in the group. About the light show Now there are more than 10 cases and the center requests car owners not to come out and speak https://www.youtube.com/watch?v=1ZDSQqwW0sU This facebook post indicates that some brands are aware of the problem and are offering aftermarket products to reduce similar occurrences https://www.facebook.com/groups/bydthailand/permalink/715885103851607 Here is another post different car model same problem https://www.facebook.com/groups/dolphinthailand/permalink/598617192323499 https://droidsans.com/byd-dolphin-issue/ Here another post https://www.facebook.com/groups/bydthailand/permalink/685134576926660

The video that you posted is off topic as per your rules original post as this topic is Electric Vehicles in Thailand and the video is from Australia

One of the links was from @EVUsersCommunityThailand Good information from real EV users https://www.youtube.com/@EVUsersCommunityThailand Where most of the videos discuss EV pros and cons Here is another case where the driver The right tire exploded on both the front and rear wheels. The repair cost has been offered from BYD with a total value of 1,167,571.16 baht, including the cost of replacing the battery worth up to 896,190 baht. https://ch3plus.com/news/economy/weekend/337287

It could be that in your 50 yrs of driving none of the vehicles you were driving decided to cover a major component in plastic

Or in your case MG ZS with metal battery casing and modular batteries

Mice gnaw on BYD ATTO3 and BYD Dolphin batteries. What can EV car owners do besides make peace? Now there are more than 10 cases and the center requests car owners not to come out and speak because if there are a lot of them. Then there was a lawsuit. in Thai law Regarding consumer protection, it is even necessary to return the money to return the car and buy the car back, like the latest car company https://www.youtube.com/watch?v=1ZDSQqwW0sU Not an isolate case many reports on youtube EV Easy Talk, consult about problems of EV 12 BYD Atto3, the battery was chewed by a mouse, total damage is 600,000 baht.

They will only be of value to 2nd hand market when you have the expertise of EV cars with skilled mechanics with expertise in EV, outside the brand service centre's The author also states Despite these concerns, the EV market remains one of our top priorities in 2024," he said. https://www.nationthailand.com/business/corporate/40033774

When the article stated " EV wrecks have no value" they are stating that there is no value in the secondary market for disassembling their spare parts. At the moment if you claim for replacement battery using car insurance then the wreck is owned by the insurance company I am sure they have a agreement in place to sell the wreck back to the brand manufacturer If anyone chooses to repair their car without insurance they can do what ever they want with the wreck but i can't imagine many people have taken the pay myself repair option over insurance claim EV cars require skilled mechanics with expertise in EV, which is now limited to the brand's service centres.

Strange post coming from someone that posted "but I am already salivating about getting my hands on a 50+ kWh battery pack on the cheap" Here is someone that car has been out of action for 64 days due to Rat biting plastic battery pack total bill B710,405 https://www.facebook.com/groups/bydthailand/permalink/715885103851607 I don't think you will find any ev batteries on the cheap

I suspect EV manufacturer's are retaining all spare parts from wrecks Meanwhile, EV spare parts, particularly batteries, are not repairable, which means if one gets spoilt, the owner must purchase a new one. A new battery costs roughly 50-60% of the price of the car. Furthermore, as a vehicle, EV has its own service life. While other cars' wrecks can be sold in the secondary market for disassembling their spare parts, EV wrecks have no value at all. https://www.nationthailand.com/business/corporate/40033774 According to this article EV wrecks have no value

When looking at EV's you do need to check what material the battery casing is made from Battery packs built into the chassis is a new recent development Majority of battery pack external casings are made of metal but some are made of plastic material that are susceptible to rat bites or can be damaged by large stones on the road which can lead to water entering the battery pack There are reports in the Facebook groups of various brands where vehicles are being written off due to cost of repair for battery replacement exceeding 70% of capital insurance of vehicle

I stated most forum members will have between 40-50 years of driving ICE vehicles that should have given you a clue to the average age of posters on this thread

My point is for EV rentals its more critical for potential renters to check under the car before renting if a rental agency driver slightly damaged the battery pack would they A) withdraw the vehicle from their stock B) advised potential renter that the battery pack has sustained minor damage but the damage doesn't affect the vehicle as far as driving or performance C) doesn't advise potential renter that the battery pack has sustained minor damage but checks and points out to the driver on their return of the vehicle that they will need to submit a claim on their insurance A and B can potential lead to a major cost to the rental agency if they don't have adequate insurance coverage Majority of members on this forum are fully aware of some the jet ski scams where the owner points out damage when you return the jet ski and the problem is that the renter didn't check that area before renting

"Those of us who own multiple EVs and have driven them for years like myself get exasperated at uninformed EV haters trying to tell everyone what it’s like to own an EV. Stop it you are embarrassing yourselves. " When you say you have driven them for years I assume you mean between 5-7 years while most forum members will have between 40-50 years of driving ICE vehicles you see the difference 5-7 years versus 40-50 years

My Post is related to checking under the car on a rental to ensure there is no damage to the external battery casing that the rental company hasn't pointed out to your prior to you renting. most rental's mark when there is existing damage to the bodywork or interior and that's it

Out of Interest how many forum members have been driving EV's for more than 10 years or more , their must be some since EV's have been available mass market since 2008

Clearly you didn't read the op initial port as he made it clear he was looking for feedback from any open minded anti-EV posters. now to me that excludes any of EV fanboys on this forum unless they come under the heading of open minded anti-EV posters As to the rest of your post your making yourself look like a social media influencer that can't cope with negative views about EV's

"When they hear that I am able to travel hundreds and thousands of kilometres on fresh air and sunshine alone, they all wish they have one as well." I am not aware of any EV that can go from Phuket to Bangkok on just fresh air and sunshine are you