IBIS has built up an enviable reputation as a source of high-level information and market analysis; a forum for high-level debate; a melting pot of innovative approaches to industry problems and, of course, incomparable networking opportunities. World-class conference content and speakers are the driving force behind the success of IBIS conferences. IBIS consistently delivers groundbreaking thought-leading presentations on a wide range of issues that consistently receive outstanding feedback from delegates. Whether it is a local Forum event, a larger Regional or the Global Summit itself, IBIS looks at the present and future opportunities and challenges to give all delegates a competitive edge. Mitchell will once again be attending IBIS as an exhibitor, in addition to having a speaking engagement. We look forward to seeing you at IBIS! Need to schedule a meeting with a sales representative? Contact us today.
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Plugged-In: EV Collision Insights Q3 2024
In Q3 2024, claims frequency for repairable collision-damaged battery electric vehicles (BEVs) rose to 3.01% in the U.S. and 3.97% in Canada, an increase of 47% and 26% respectively year over year (YOY). While BEV sales have slowed, they still represent 8% of new vehicle sales in the U.S. (up 11.3% YOY) and 9.49% in Canada (up 18.47% YOY).
Primary Point of Impact Contributing to Differences in Claims Severity for Battery Electric and Internal Combustion Engine Vehicles
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