EV repair cost concerns are a key barrier to UK adoption

A GlobalData survey indicates that concerns over maintenance and repair costs remain a significant barrier to electric vehicle (EV) adoption in the UK. While EV uptake continues to expand as part of the transition toward lower-emission transport, perceived ownership costs, particularly repair and insurance affordability, continue to influence consumer willingness to switch. GlobalData’s 2024 Emerging Trends Insurance Consumer Survey found that 36.9% of UK respondents cited maintenance and repair costs as ...