Pioneer Insurance’s EV One insurance is now available to BYD customers through a partnership with BYD La Union, providing comprehensive coverage for electric vehicles.
The surge of affordable Chinese electric vehicles into the UK market is causing headaches for British insurers, leading to higher premiums due to repair complications and a lack of established infrastructure.
BYD is offering free vehicle insurance worth up to RMB 5,000 ($690) on select models from its Ocean lineup as part of a promotional push ahead of the Chinese New Year.
