With some 40,000 EVs on the UK’s roads, many of which have outlived their manufacturers’ warranties, and with the potentially very high repair and parts replacement costs associated with EVs, Warrantywise has devised a specially-tailored product for Britain’s growing army of owners.
CEO Lawrence Whittaker said: ‘We have long supported the technological tour de force that is the electric vehicle sector, and we are delighted to see their impressive rise in popularity across the UK.
‘Having studied the repair and parts replacement costs of EVs, it is clear that there is a market and a call for extended warranty, and I am proud that Warrantywise is the first in the UK, perhaps the world, to offer such a product.’
Quentin Willson, the motoring journalist who works closely with Warrantywise, added: ‘Having owned several EVs over the last five years, and driven all the available models, it’s time to bust the urban myths about electric cars.
‘EVs work well for many drivers, and cars like the Nissan Leaf, Tesla Model S, Renault Zoe, Citroen C-Zero, BMW i3 and i8 are reliable, popular and fashionable.
‘At Warrantywise we’re reassuring used EV drivers that there’s now no such thing as ‘‘repair anxiety’’.’
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