Devin Lindsay, principal analyst for automotive at S&P Global Mobility, discussed some of the risks involved with EVs. More research must be done as more electric vehicles hit the roads, Lindsay said. He cited research from the Highway Loss Data Institute that said crash avoidance features in EVs seem to benefit young drivers more than other drivers…

Lindsay said. They found:

Electric vehicles have no engine damage in front-end collisions.

Gasoline-powered vehicles are more expensive to maintain than electric vehicles.

But electric vehicles are more expensive to repair in the event of an accident…

One quandary for insurers, Lindsay said, is the electric vehicles tend to be heavier than gasoline-powered vehicles but also have increased performance, which is not the combination for safety purposes.