Repairing all-electric vehicles poses extreme hazards for technicians. If not handled correctly, repairing one of these vehicles could result in an electrical shock.
OEM Parts Prices Increase as Parts Availability Decreases
Slow retail sales have prompted not only closure of assembly plants, but also component factories, which is delaying parts deliveries. OEMs are also hiking parts prices, with some experiencing double-digit percentage increases. The dramatic slowdown of automotive sales has also created a "financial crunch" for many parts manufacturers, with many second-tier suppliers going out of business. This portends a difficult environment for fleets to manage accident repair costs.