companies

Why insurance companies are likely to shy away from electric cars

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Electric vehicles, long praised for their low cost of use and their reduced impact on CO2 emissions, are now at the heart of a financial problem likely to slow down their expansion. Beyond their high purchase price, a new challenge looms on the horizon: the cost of insurance. Recently, concern has been growing among insurers … Read more

will insurance companies pay more for Chinese models?

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The Chinese electric car manufacturer, BYD, managed to dethrone Tesla from its first place as the world's largest exporter thanks to its competitive prices. But it may well be that this advantage of Chinese models will be short-lived. British insurance companies are increasingly reluctant to insure vehicles made in China, and they continue to increase … Read more