Insurance implications of electric cars - LeadCloud News
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Insurance implications of electric cars
26 June 2020

Insurance implications of electric cars

A new publication by Allianz Global Corporate & Specialty (AGCS) The Electric Vehicles R-EV-olution: Future Risk and Insurance Implications highlights that the use of electric cars is expected to soar in future as their cost gradually declines, the choice of available new models likely doubles within five years, their driving range increases and consumers, as well as governments, demand greener low-emission vehicles. The International Energy Agency has predicted there could be more than 100 million electric cars on the roads in 2030 – up from around seven million today – with annual sales in the region of 20 million, driven by growth in China – already the world’s largest market – the European Union (second largest), Japan, Canada, the US and India, in particular.

Read more here - https://www.dig-in.com/opinion/insurance-implications-of-electric-cars

 

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