Market Overview Of The Electric Vehicle Insurance Market

The global market for Electric Vehicle Insurance estimated at USD 61.10 Billion in 2022 is projected to reach a revised size of USD 285.05 Billion by 2030, growing at a CAGR of 21.23% over the period 2023-2030.

Electric Vehicle (EV) Insurance relates to custom insurance packages created explicitly for electric cars, hybrids, and other plug-in vehicles. These insurance policies are tailored to accommodate the distinctive attributes and qualities of electric vehicles. They provide coverage suited to the components, charging infrastructure, and technological systems associated with these automobiles.

• EV insurance applications encompass an extensive range of protections, covering the vehicle's battery, electric motor, charging apparatus, and specialized repair requirements. Moreover, these insurance plans commonly include coverage for distinct risks associated with electric vehicles, such as charging station damage or power loss.
• EV insurance offers advantages by concentrating on the unique characteristics of electric vehicles, delivering coverage that traditional auto insurance might not sufficiently cover. This specialized insurance provides thorough protection against risks linked to EV technology, encompassing battery deterioration, electric system breakdowns, and other distinctive maintenance requirements. Moreover, certain EV insurance policies might encourage environmentally conscious actions, such as granting discounts for utilizing eco-friendly charging stations or driving efficiently.
• EV insurance acts as protection against potential financial liabilities stemming from particular risks linked with electric vehicles. It ensures that owners receive comprehensive coverage customized to the unique characteristics and needs of their environmentally friendly mode of transportation. With the increasing popularity of electric vehicles, the accessibility and advantages of EV insurance are anticipated to progress, offering crucial coverage for this expanding sector within the automotive market.

Global Electric Vehicle Insurance Market Trend Analysis:

Rising Concerns About Environmental Sustainability

• The surge in demand for electric vehicles (EVs) and the corresponding need for specialized insurance solutions in the global market is primarily driven by the escalating concern for environmental sustainability. Heightened awareness of environmental challenges, including climate change and air pollution, has spurred the quest for sustainable transportation options, leading to increased adoption of EVs.
• The amplified awareness among both consumers and governments regarding the importance of reducing carbon footprints has significantly fueled the uptake of electric vehicles. Consequently, there is a growing necessity for insurance policies tailored specifically to meet the unique needs of these eco-friendly vehicles.
• The growing demand for EV insurance solutions is rooted in the distinctive technological aspects of electric vehicles. These cars are equipped with advanced battery systems, electric motors, and specialized components, which necessitate insurance coverage designed to address their unique features and potential risks.
• Additionally, government bodies are actively encouraging the adoption of EVs through subsidies, tax incentives, and other programs. This support motivates consumers to choose electric vehicles, thereby increasing the need for insurance that offers comprehensive protection for these environmentally conscious investments.
• Ultimately, the heightened awareness of environmental issues and the pursuit of sustainable transportation alternatives are key factors driving the global electric vehicle insurance market. As the world continues to prioritize environmental conservation, the demand for EVs and their associated insurance solutions is expected to grow steadily, playing a significant role in shaping the evolution of the automotive insurance industry.

The Rise of Telematics in EV Insurance

• Telematics-based insurance marks a ground-breaking innovation in the insurance sector, utilizing data from onboard sensors to monitor and evaluate driving behaviors. This technology holds immense promise, particularly in Electric Vehicle (EV) insurance, presenting considerable opportunities for the global market.
• In the realm of EV insurance, telematics systems hold a pivotal role in analyzing driving patterns specific to electric cars. These systems can monitor various metrics unique to EVs, including energy efficiency, battery usage, charging habits, and the influence of driving style on battery health. Such comprehensive data empowers insurers to customize insurance premiums more accurately, rewarding drivers who exhibit environmentally conscious driving practices and responsible EV usage.
• The incorporation of telematics in EV insurance fosters the creation of usage-based insurance models, where premiums align directly with individual driving behaviors. This strategy not only encourages safer driving habits but also motivates EV owners to embrace more sustainable driving practices, ultimately leading to decreased risk and lower insurance expenses.
• Telematics data enables proactive measures, like offering personalized advice to enhance energy efficiency or recommending maintenance routines to prolong battery lifespan. This proactive approach assists drivers in optimizing their use of EVs while potentially minimizing insurance claims associated with preventable issues.
• To sum up, the integration of telematics technology in EV insurance unlocks significant prospects for insurers to provide more tailored, equitable, and cost-efficient policies. By accurately evaluating risk through real-time driving data, telematics-based insurance models establish a mutually beneficial scenario for insurers and policyholders within the expanding electric vehicle insurance market.

Global Electric Vehicle Insurance Market Segment Analysis:

By Insurance Plan, Third Party Plant Segment Dominates the Global Electric Vehicle Insurance Market

• In many regions, third-party insurance is a legal requirement for vehicle owners. This form of insurance covers damages or liabilities to a third party involved in an accident caused by the insured vehicle. As such, it's a basic necessity for all vehicle owners, including electric vehicle owners, to comply with legal mandates.
• Third-party plans are generally more affordable compared to comprehensive insurance policies. As electric vehicles often come with a higher upfront cost due to advanced technology, consumers may opt for lower-cost insurance options to offset their initial expenses.
• Third-party insurance plans are widely available and easily accessible in most regions, making them the default choice for many EV owners. Comprehensive insurance plans tailored specifically for electric vehicles might still be evolving or may not be as prevalent in the market compared to traditional third-party plans.
• Some electric vehicle owners might perceive that third-party plans meet their minimum coverage needs. They might consider that the repair or replacement costs of their electric vehicle components, such as the battery, could be manageable without comprehensive coverage, given the generally lower maintenance requirements of EVs.

By Propulsion Type, Battery Electric Vehicles (BEV) segment dominates the global electric vehicles insurance market

• Battery Electric Vehicles (BEVs) only rely on electric power from a battery for propulsion, distinguishing them from other electric vehicle variations like plug-in hybrids. Consequently, ensuring the valuable battery becomes a critical concern for BEV owners, necessitating specialized insurance coverage.
• The higher initial cost of purchasing BEVs is primarily due to their advanced battery technology, which constitutes a substantial portion of the vehicle's value. Any damage or malfunction to the battery could result in significant repair or replacement expenses. Hence, there is a pressing need for comprehensive insurance coverage tailored explicitly to safeguard these costly battery systems.
• The intricate nature of BEV components, especially the battery, demands insurance policies that address potential technological failures, degradation, or damage specific to electric vehicle systems. Tailored insurance plans for BEVs commonly encompass these technological complexities, assuring owners against significant repair or replacement costs.
• As the electric vehicle market evolves, insurers are increasingly recognizing the distinct risk factors associated with BEVs. This understanding prompts the development of specialized insurance products specifically catering to the unique requirements of Battery Electric Vehicle owners. These specialized plans encompass coverage for battery-related issues, charging infrastructure, and other components exclusive to BEVs.

Global Electric Vehicle Insurance Market Regional Insights:

Asia Pacific Region Dominate the Market

• The Asia Pacific region holds a significant stake in the global automotive market and is witnessing a rapid surge in the adoption of electric vehicles (EVs). Countries such as China, Japan, and South Korea have emerged as frontrunners in EV production and sales, creating a substantial market for EV insurance.
• This growth is fueled by robust government initiatives, including subsidies, tax incentives, and supportive regulatory frameworks that promote EV adoption and subsequently drive the demand for associated insurance products. Additionally, substantial investments in charging infrastructure and EV development in nations like China and South Korea further encourage the uptake of EVs, leading to an increased need for insurance coverage tailored to these vehicles.
• The concerted efforts of governments in the Asia Pacific region to promote electric vehicle adoption through supportive policies have contributed significantly to the burgeoning demand for associated insurance products.
• The region's commitment to infrastructure development and fostering eco-friendly transportation has propelled the rise of electric vehicles. Consequently, insurers in these countries have responded proactively by crafting specialized insurance products designed specifically to meet the unique requirements of electric vehicles. These offerings encompass comprehensive coverage for various EV components, address battery-related risks, and often include incentives to encourage environmentally conscious driving behaviors.

Global Electric Vehicle Insurance Market Key Players:

• The Allstate Corporation (U.S.)
• GEICO (U.S.)
• State Farm Insurance (U.S.)
• Allstate Insurance Company (U.S.)
• Lemonade, Inc. (U.S.)
• The Zebra(U.S.)
• The Progressive Corporation (U.S.)
• The Travelers Indemnity Company (U.S.)
• Liberty Mutual Insurance Company (U.S.)
• State Farm Mutual Automobile Insurance Company (U.S.)
• Direct Line (U.K.)
• Aviva plc (U.K.)
• Esure Group plc (U.K.)
• Allianz SE (Germany)
• Axa S.A. (France)
• Zurich Insurance Group Ltd (Switzerland)
• Ping An Insurance (China)
• HDFC ERGO (India)
• Bajaj Allianz General Insurance (India)
• Digit Insurance (India), And Other Major Players

Key Industry Developments in the Global Electric Vehicle Insurance Market:

• In April 2023, ACKO General Insurance launched the "Extended Battery Warranty" plan, targeting electric vehicle (EV) owners. The policy is designed to boost EV affordability by enabling banks to lengthen loan terms and reduce monthly installments. This will indeed ease the lives of our customers and promote nationwide rapid adoption of EVs
• In September 2023, leading regional insurer Great Eastern Life Assurance Co. Ltd., launched of its new standalone EV insurance plan – GREAT EV Protect – in tandem with the acceleration of Singapore's transition to an EV-only future. From 2030, all new vehicles in Singapore are to run on cleaner energy, supported by a network of 60,000 charging points around the island, including 20,000 in private premises. Despite the long runway, the number of EVs has already increased rapidly over the past few years, with a 122% jump in the number of EVs on the road in 2022 compared to the previous year.
• In November 2023, Zuno General Insurance announced the launch of an innovative Electric Vehicle (EV) add-on cover, said to be a first-of-its-kind in the insurance industry. This offering is specially designed to provide comprehensive protection for electric vehicles and cater to their unique needs.
• In February 2022, AXA Commercial introduced a fresh offering tailored for fleet customers owning electric vehicles, aiming to provide more environmentally friendly fleet options for businesses. This proposition encompasses forward-looking policy adjustments, considering definitions and considerations specifically tailored for EV accessories like connectors and charging cables. Additionally, the policy includes coverage for potential loss or damage to charging points, ensuring comprehensive protection for businesses embracing electric vehicle fleets.
• In September 2022, Aviva introduced independent insurance offerings tailored for EV charging points in response to the increasing popularity of EVs in the United Kingdom. This insurance product provides coverage for Erection All Risks (EAR) and Operational All Risks (OAR) concerning EV chargers, specifically targeting business clientele. This includes car park operators, contractors, local authorities, asset managers, and forecourt operators. The policies aim to protect businesses from potential risks such as fire, flood, and both deliberate and unintentional damage. These insurance solutions will be accessible for individual chargers.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. ELECTRIC VEHICLE INSURANCE MARKET BY INSURANCE PLAN (2016-2030)
   1. ELECTRIC VEHICLE INSURANCE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. THIRD PARTY PLAN
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. COMPREHENSIVE PLAN
   5. ZERO DEPRECIATION PLAN
   6. OTHERS
7. ELECTRIC VEHICLE INSURANCE MARKET BY PROPULSION TYPE (2016-2030)
   1. ELECTRIC VEHICLE INSURANCE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. BATTERY ELECTRIC VEHICLES (BEV)
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HYBRID
8. ELECTRIC VEHICLE INSURANCE MARKET BY VEHICLE TYPE (2016-2030)
   1. ELECTRIC VEHICLE INSURANCE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. 2 & 3-WHEELER
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. PASSENGER CAR
   5. LIGHT COMMERCIAL VEHICLE (LCV)
   6. HEAVY COMMERCIAL VEHICLE (HCV)
   7. OTHERS
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. ELECTRIC VEHICLE INSURANCE Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. THE ALLSTATE CORPORATION (U.S.)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. AVIVA PLC (U.K.)
   4. GEICO (U.S.)
   5. STATE FARM INSURANCE (U.S.)
   6. ALLSTATE INSURANCE COMPANY (U.S.)
   7. LEMONADE, INC. (U.S.)
   8. THE ZEBRA (U.S.)
   9. THE PROGRESSIVE CORPORATION (U.S.)
   10. THE TRAVELERS INDEMNITY COMPANY (U.S.)
   11. LIBERTY MUTUAL INSURANCE COMPANY (U.S.)
   12. STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY (U.S.)
   13. DIRECT LINE (U.K.)
   14. ESURE GROUP PLC (U.K.)
   15. ALLIANZ SE (GERMANY)
   16. AXA S.A. (FRANCE)
   17. ZURICH INSURANCE GROUP LTD (SWITZERLAND)
   18. PING AN INSURANCE (CHINA)
   19. HDFC ERGO (INDIA)
   20. BAJAJ ALLIANZ GENERAL INSURANCE (INDIA)
   21. DIGIT INSURANCE (INDIA)
10. GLOBAL ELECTRIC VEHICLE INSURANCE MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By INSURANCE PLAN
       4. Historic And Forecasted Market Size By PROPULSION TYPE
       5. Historic And Forecasted Market Size By VEHICLE TYPE
       6. Historic And Forecasted Market Size By Segment4
       7. Historic And Forecasted Market Size By Segment5
       8. Historic And Forecasted Market Size By Segment6
       9. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ELECTRIC VEHICLE INSURANCE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ELECTRIC VEHICLE INSURANCE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ELECTRIC VEHICLE INSURANCE MARKET COMPETITIVE RIVALRY
TABLE 005. ELECTRIC VEHICLE INSURANCE MARKET THREAT OF NEW ENTRANTS
TABLE 006. ELECTRIC VEHICLE INSURANCE MARKET THREAT OF SUBSTITUTES
TABLE 007. ELECTRIC VEHICLE INSURANCE MARKET BY INSURANCE PLAN
TABLE 008. THIRD PARTY PLAN MARKET OVERVIEW (2016-2028)
TABLE 009. COMPREHENSIVE PLAN MARKET OVERVIEW (2016-2028)
TABLE 010. ZERO DEPRECIATION PLAN MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. ELECTRIC VEHICLE INSURANCE MARKET BY VEHICLE TYPE
TABLE 013. 2 & 3-WHEELER MARKET OVERVIEW (2016-2028)
TABLE 014. PASSENGER CAR MARKET OVERVIEW (2016-2028)
TABLE 015. LIGHT COMMERCIAL VEHICLE (LCV) MARKET OVERVIEW (2016-2028)
TABLE 016. HEAVY COMMERCIAL VEHICLE (HCV) MARKET OVERVIEW (2016-2028)
TABLE 017. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA ELECTRIC VEHICLE INSURANCE MARKET, BY INSURANCE PLAN (2016-2028)
TABLE 019. NORTH AMERICA ELECTRIC VEHICLE INSURANCE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 020. N ELECTRIC VEHICLE INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE ELECTRIC VEHICLE INSURANCE MARKET, BY INSURANCE PLAN (2016-2028)
TABLE 022. EUROPE ELECTRIC VEHICLE INSURANCE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 023. ELECTRIC VEHICLE INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 024. ASIA PACIFIC ELECTRIC VEHICLE INSURANCE MARKET, BY INSURANCE PLAN (2016-2028)
TABLE 025. ASIA PACIFIC ELECTRIC VEHICLE INSURANCE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 026. ELECTRIC VEHICLE INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA ELECTRIC VEHICLE INSURANCE MARKET, BY INSURANCE PLAN (2016-2028)
TABLE 028. MIDDLE EAST & AFRICA ELECTRIC VEHICLE INSURANCE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 029. ELECTRIC VEHICLE INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 030. SOUTH AMERICA ELECTRIC VEHICLE INSURANCE MARKET, BY INSURANCE PLAN (2016-2028)
TABLE 031. SOUTH AMERICA ELECTRIC VEHICLE INSURANCE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 032. ELECTRIC VEHICLE INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 033. ALLIANZ: SNAPSHOT
TABLE 034. ALLIANZ: BUSINESS PERFORMANCE
TABLE 035. ALLIANZ: PRODUCT PORTFOLIO
TABLE 036. ALLIANZ: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. ALLSTATE: SNAPSHOT
TABLE 037. ALLSTATE: BUSINESS PERFORMANCE
TABLE 038. ALLSTATE: PRODUCT PORTFOLIO
TABLE 039. ALLSTATE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. AVIVA: SNAPSHOT
TABLE 040. AVIVA: BUSINESS PERFORMANCE
TABLE 041. AVIVA: PRODUCT PORTFOLIO
TABLE 042. AVIVA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. AXA: SNAPSHOT
TABLE 043. AXA: BUSINESS PERFORMANCE
TABLE 044. AXA: PRODUCT PORTFOLIO
TABLE 045. AXA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. DIRECT LINE: SNAPSHOT
TABLE 046. DIRECT LINE: BUSINESS PERFORMANCE
TABLE 047. DIRECT LINE: PRODUCT PORTFOLIO
TABLE 048. DIRECT LINE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. FORD: SNAPSHOT
TABLE 049. FORD: BUSINESS PERFORMANCE
TABLE 050. FORD: PRODUCT PORTFOLIO
TABLE 051. FORD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. GENERAL MOTORS: SNAPSHOT
TABLE 052. GENERAL MOTORS: BUSINESS PERFORMANCE
TABLE 053. GENERAL MOTORS: PRODUCT PORTFOLIO
TABLE 054. GENERAL MOTORS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. HYUNDAI: SNAPSHOT
TABLE 055. HYUNDAI: BUSINESS PERFORMANCE
TABLE 056. HYUNDAI: PRODUCT PORTFOLIO
TABLE 057. HYUNDAI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. MERCEDES-BENZ: SNAPSHOT
TABLE 058. MERCEDES-BENZ: BUSINESS PERFORMANCE
TABLE 059. MERCEDES-BENZ: PRODUCT PORTFOLIO
TABLE 060. MERCEDES-BENZ: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. PING AN INSURANCE: SNAPSHOT
TABLE 061. PING AN INSURANCE: BUSINESS PERFORMANCE
TABLE 062. PING AN INSURANCE: PRODUCT PORTFOLIO
TABLE 063. PING AN INSURANCE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. STELLANTIS: SNAPSHOT
TABLE 064. STELLANTIS: BUSINESS PERFORMANCE
TABLE 065. STELLANTIS: PRODUCT PORTFOLIO
TABLE 066. STELLANTIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. TESLA: SNAPSHOT
TABLE 067. TESLA: BUSINESS PERFORMANCE
TABLE 068. TESLA: PRODUCT PORTFOLIO
TABLE 069. TESLA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. TOYOTA: SNAPSHOT
TABLE 070. TOYOTA: BUSINESS PERFORMANCE
TABLE 071. TOYOTA: PRODUCT PORTFOLIO
TABLE 072. TOYOTA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. TRAVELERS: SNAPSHOT
TABLE 073. TRAVELERS: BUSINESS PERFORMANCE
TABLE 074. TRAVELERS: PRODUCT PORTFOLIO
TABLE 075. TRAVELERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. VOLKSWAGEN: SNAPSHOT
TABLE 076. VOLKSWAGEN: BUSINESS PERFORMANCE
TABLE 077. VOLKSWAGEN: PRODUCT PORTFOLIO
TABLE 078. VOLKSWAGEN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. ZURICH INSURANCE: SNAPSHOT
TABLE 079. ZURICH INSURANCE: BUSINESS PERFORMANCE
TABLE 080. ZURICH INSURANCE: PRODUCT PORTFOLIO
TABLE 081. ZURICH INSURANCE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. ZHEJIANG GEELY: SNAPSHOT
TABLE 082. ZHEJIANG GEELY: BUSINESS PERFORMANCE
TABLE 083. ZHEJIANG GEELY: PRODUCT PORTFOLIO
TABLE 084. ZHEJIANG GEELY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 085. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 086. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 087. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY INSURANCE PLAN
FIGURE 012. THIRD PARTY PLAN MARKET OVERVIEW (2016-2028)
FIGURE 013. COMPREHENSIVE PLAN MARKET OVERVIEW (2016-2028)
FIGURE 014. ZERO DEPRECIATION PLAN MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 017. 2 & 3-WHEELER MARKET OVERVIEW (2016-2028)
FIGURE 018. PASSENGER CAR MARKET OVERVIEW (2016-2028)
FIGURE 019. LIGHT COMMERCIAL VEHICLE (LCV) MARKET OVERVIEW (2016-2028)
FIGURE 020. HEAVY COMMERCIAL VEHICLE (HCV) MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA ELECTRIC VEHICLE INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)