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Insurance industry cautiously optimistic on surge in EV sales – Nation Thailand

Insurance industry cautiously optimistic on surge in EV sales – Nation Thailand

 

He, however, cautioned that while this was a positive scenario, EV cars were still new for the insurance industry.During a press trip to Japan over the weekend, he pointed out that when compared to an internal combustion engine (ICE) vehicle — a car powered by conventional, oil-derived resources such as petrol, gas or diesel fuel — an EV has a higher loss ratio.He explained that while most car spare parts can be repaired by general garages across the country, EV… 

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