China’s Insurance Providers are Issuing New Policies for Electrified Vehicles, Which Costs More Than Standard Vehicle Insurance

China’s Insurance Providers are Issuing New Policies for Electrified Vehicles, Which Costs More Than Standard Vehicle Insurance
​The Insurance Association of China (IAC), has launched new insurance guidelines specifically for New Energy Vehicles (NEVs) in the country. The new insurance policies take into account the risks of batteries, energy storage systems, electric motors and the control systems of electrified vehicles.

China’s Insurance Providers are Issuing New Policies for Electrified Vehicles, Which Costs More Than Standard Vehicle Insurance

2021-12-30 11:05