The Electric Vehicle Insurance Paradox in China

*This episode was originally published on September 24, 2024

Half of the world’s electric cars are on China’s roads, thanks to a wave of smart incentives for both consumers and manufacturers, such as tax breaks and purchase subsidies. The payoff is tangible: the smog that once shrouded some major cities has lifted, and road noise has dropped significantly.

But it brought unexpected costs and challenges that nobody saw coming. 

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