Post by Swiss Re

⚡🚗 Repair costs remain a key challenge for EV insurability. Batteries can account for around 40% of a new EV's value, yet many battery packs are not designed for straightforward disassembly. Even minor casing damage can lead to full replacement rather than local repair. In China, insurers and automakers are piloting "design for insurability" initiatives to make EV damage more economical to diagnose, assess and repair. Learn more: https://ow.ly/MvyL50ZolSp