Activate Group and Gecko Risk have announced a new partnership to provide greater insights to the industry into EVs.
Gecko Risk brings together key information from across the industry covering everything from make and model differentiation, to charging points and repair data, while Activate Group is a leading accident management specialist.
The partnership will enable Activate Group to provide deep EV data and insights to fleets via its sopp+sopp business, and for insurance customers through Motor Repair Network.
Pete Thompson, director of product at Activate Group said: “Our product roadmap is built around a data-driven, customer-focused approach to the big changes in our industry. We know fleets and insurers are developing their AFV strategies, and we’re delighted to partner with Gecko Risk so that both us and our customers can benefit from the rich insights within the platform.”
As part of the new partnership, a new report has been published revealing that Teslas are the most expensive EVs to repair, with average repair costs over the last four years of more than £3,000.
The industry average is less than £2,600, with Volkswagen EV’s the cheapest to repair at an average cost of £2,300 per repair.
Hannah Wilcox, CEO of Activate Group said: “We recognise the significant impact EVs are having on our industry and have placed a strong focus on ensuring high levels of EV capability across our UK repair network.
“It’s encouraging to see that EV repair costs have remained relatively stable despite a significant increase in demand as the number of EVs on the road rises.
“As a specialist EV manufacturer, Tesla makes a relatively low number of vehicles in comparison to the total produced by established manufacturers like Volkswagen and MG. This means long lead times and high costs for replacement parts, as well as a smaller number of approved repairers.”
