There has been no accident for a year, and new energy vehicle premiums have risen instead of falling. Some car owners complained, "Although the price of new energy vehicles has dropped, they have been cut off by insurance." At the same time, insurance companies are also complaining about the high loss rate of newEnergy vehicles.
Problems include difficulty in pricing premiums and high maintenance costs. The average premium for new Energy vehicle insurance is 21% higher than that of fuel vehicles, according to China Banking and Insurance Corporation.