Browsing: electric vehicles

Australian electric vehicle owners pay more for car insurance than hybrid owners, with average premiums reaching $2,134 for EVs compared to $1,650 for hybrids

GEICO stops insuring Tesla Cybertrucks, citing that the vehicle doesn’t meet their underwriting guidelines due to various issues including high repair costs and potential liability

Motor & Fleet – Insurers are adapting to the growing electric vehicle (EV) market by developing new coverage options and policies.

Insuring electric vehicles could cost twice as much as traditional vehicles, according to the Philippine Insurance and Reinsurance Association.

Lithium-ion battery fires in the UK have surged by 93% between 2022 and 2024, with e-bikes being a major contributor to the increase, according to QBE Insurance research.

Tesla China’s vehicle registrations rose 80% week-over-week in June 9-15, 2025, reaching 15,500 units

The Central Bank of the UAE has confirmed that electric vehicles face technical challenges that impact insurance pricing, including high repair costs and limited spare parts availability.

Reown, a Nigerian startup founded by Ayodeji Audu, is building Africa’s largest vehicle history database to unlock value in lending, insurance, and vehicle rentals.

Thailand’s insurance industry is growing increasingly cautious about electric vehicle (EV) insurance as a Chinese EV manufacturer operating in Thailand faces potential bankruptcy, raising concerns about rising liabilities and repair costs.

Tesla’s insurance arm, which uses real-time driving data to calculate premiums, may be operating at a loss according to a recent report.