Classics Are Going Electric, But Can Brokers Cope?

More classic cars are transitioning from ICE to electric. The challenge for classic car brokers is to accurately value the replacement cost – in the event of fire or theft – or set up qualified repair networks for classics that feature battery pack conversions. Some may be damaged but repairable, but who signs off on the work schedule, authorises the workshop, checks the qualifications of those doing the work and the roadworthiness of that fixed-up battery powered classic? The easy solution is to say, take it back to the place that did the EV conversion, but what if they’ve been taken over, or closed down?

Let’s talk agreed values, because that is a hot topic in any classic car club. It costs a great deal of cash to convert a car, but what is the true worth on the open market, given that very few have been sold at auctions? Does the EV conversion add an extra 6-9K in value, or actually decrease the resale value of the car – and who decides on that valuation if there has never been a sale of an EV Citroen DS?

OK, let’s add this extra riddle; What will the value of a classic car be once the battery pack is a decade old for example? If the car can only cover 40 miles because the battery is unable to defeat physics and hold a charge, then who values that vehicle now, how do they rate the salvage value of the bodyshell and interior, since the power pack is pretty much useless?

Lots of questions ahead amidst the joy of ticking the sustainable box.

ELECTRIC DS – SILENT SMOOTHIE

Pioneering classic car electrification specialist Electrogenic has created an all-electric Citroen DS. The 1971 DS is a fresh and exciting version of an all-time great French motoring icon, renowned for its beauty and luxurious drive. The Oxford-based company has retained and improved the car’s famous ‘magic carpet’ ride, combining it with a silent, zero-emission electric powertrain.

Creating what is believed to be the first professionally converted electric Citroen DS, Electrogenic has removed the car’s original 2.0-litre four-cylinder petrol engine and replaced it with a ‘Hyper9’ brushless electric motor. This produces 120bhp, allied with 235Nm of instant torque – both of which are substantial increases over the original. Power is delivered to the front wheels through the car’s existing manual gearbox.

Housed within the DS’s sleek saloon body is a 48.5kWh battery, offering a real-world range of approximately 140 miles on every charge. The car is fitted with a 29kW charger, which will charge the batteries in around two hours. Both the battery size and charger type can be tailored to suit the type of driving an owner will use it for. An optional ‘range extender’ battery provides customers the choice to extend the range of the car to over 200 miles.

One of the DS’s defining features is its hydro-pneumatic suspension system, which enables it to self-level, and is responsible for the car’s famously plush ride quality. Rather than using the original noisy mechanical pump, Electrogenic has created a silent electric pump, which delivers a more sophisticated ride than the original.

Electrogenic always maintains the beauty of the original car when converting classics to electric power, so the DS’s distinctive design remains unchanged. The absence of exhaust pipes and a subtle new “DS EV electronique” decal on the boot, are the only visual clues to the car’s new electric powertrain.

To learn more about Electrogenic, visit: https://www.electrogenic.co.uk/

About alastair walker 6873 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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