November 26, 2021
MotorEasy launches first Electric Vehicle warranty to cover battery degradation
<ul><li><p><strong>MotorEasy’s extended warranty for Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) is the first UK direct warranty to cover degradation of the Drive Battery </strong></p></li><li><p><strong>Providers have previously avoided cover for the Drive Battery, fearful of exposure amounting to thousands of pounds</strong></p></li><li><p><strong>MotorEasy is the UK’s only extended warranty company prepared to take on the risk</strong></p></li></ul><p>The demand for Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) has grown consistently over the last decade but comprehensive extended warranty cover has not been on the menu.</p><p>MotorEasy has now bridged this shortcoming by extending its pioneering electric car warranties to cover degradation of the drive battery.</p><p>The company was the first to offer extended warranty cover for EVs and is believed to be the only one that is prepared to cover drive battery capacity loss. </p><p>MotorEasy’s founder and CEO, Duncan McClure Fisher said: “It is surprising that Electric Cars have been around for so long, yet until now, no warranty company has offered a fully comprehensive extended warranty.</p><p>“EVs and HEVs are increasingly popular and manufacturers continue to evolve and improve the technology, however, few motorists could afford to replace the Drive Battery. An inclusive warranty will be a ‘must’ for EV and Hybrid owners now and in the future. </p><p>“We are delighted to take the lead and once again champion the motorist’s cause.”</p><p>MotorEasy is the first association to offer a third-party EV warranty that includes all expensive and complex driveline components, subject to a standard vehicle health check, as part of the warranty application process.</p><p>McClure Fisher said: “the cost of replacing an EV’s drive battery is a major consideration for anybody contemplating a long-term purchase of a used vehicle. The MotorEasy EV Warranty has been launched to directly combat this fear and make vehicle ownership as simple, cost-effective and stress-free as possible.”</p><p>To find out more, visit<a href="http://www.motoreasy.com/" title=""> www.motoreasy.com</a></p><p><strong>ENDS</strong></p><p>For further information, please contact:</p><p>Rory Buckley or Georgina Bradford on 0800 131 0001</p><p>rory.buckley@motoreasy.com</p><p>georgina.bradford@motoreasy.com</p><p>About MotorEasy</p><p>MotorEasy is the smart and simple way for drivers to manage, protect and maintain their car.</p><p>Founded by CEO Duncan McClure Fisher in 2016, it's the UK’s fastest growing motoring association, with over 400,000 UK drivers enjoying miles of hassle-free motoring.</p><p>Membership features market leading car and partner solutions including; repairs, servicing and MOT bookings. Further benefits like tax and MOT reminders, breakdown cover, GAP insurance and the UK’s leading car warranty – can be effectively summarised in the strapline “Everything car, done for you”.</p><p>MotorEasy engineers are motoring experts and monitor every booking through machine learning technology and a unique workshop trading platform. The nationwide network offers collection and delivery as part of a fully managed service. This unrivalled experience ensures that only necessary work is completed without delay, saving motorists money, time and hassle.</p><p>MotorEasy is accredited by the Motor Ombudsman and its insurance products are authorised and regulated by the FCA.</p>