Chinese EVs Become Virtually Uninsurable In UK Even Though There’s Nothing Wrong With Them

While Britain sees an influx of Chinese marques, many insurers are hesitant to underwrite the new EVs for a number of reasons

Chinese EVs are being shunned by insurance companies in the UK, with many new models being virtually uninsurable while others have prohibitively high premiums. This phenomenon is primarily due to fears of high repair costs, lack of technical information, and long lead times for replacement parts. Cars identified in a report by Auto Express as being challenging to insure include the BYD Seal, GWM Ora 03, and even some MG models.

Vehicles that use batteries as structural elements are more prone to being totaled by insurance companies. Further Reading: Insurers Are Totaling EVs For Minor Battery Issues, And That’s A Problem For Everyone However, Martyn Rowley, executive director of the UK's National Body Repair Association, singles out Chinese manufacturers and the lack of parts availability.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Carscoop /  🏆 306. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AAM Calls Cheap Chinese EVs Built In Mexico “An Extinction Level Event”Cars built by Chinese companies like BYD in Mexico could have a devastating effect on American manufacturers according to AAM.
Read more »

MG sister brand IM Motors lined up for UK launchSAIC-owned Chinese premium brand is likely to bring its Tesla-rivalling EVs here by 2026
Read more »

Arctic Summers Could Be Virtually Ice-Free Within a Decade, Study WarnsThor Benson is a staff writer for Common Dreams.
Read more »

Porsche's new Taycan EVs have more range, faster acceleration and a higher priceSarah Fielding MS, is an acclaimed journalist focusing on mental health, social issues, and tech. At Engadget, she reports on tech news, whether it be a Twitter bot exposing gender pay gaps or a beloved classic game's revival.
Read more »

USA’s Solar & Storage Boom on Display in 2024 State of the UnionClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »

Hawk Supercomputer Improves Solar Cell EfficiencyClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »