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China's flood of new electric cars cost 20% more to insure than fuel-powered cars

Por: CNBC Tech September 27, 2022

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In China, new energy vehicles typically receive green license plates - which is often easier for residents to apply for versus the blue license plate of a traditional fuel-powered car.Vcg Visual China Group Getty ImagesBEIJING — While Chinese companies churn out new electric cars, local insurance firms think they're more expensive to cover.In general, the insurance premium for new energy cars — which includes electric — is about 20%... + full article



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