
In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now finding themselves paying more for insurance — and are taking to social media to complain.
In one report last week, a person said their yearly EV premium came to 8,000 yuan ($1,100), some 2,000 yuan more than a comparable fuel-powered car. Another said their renewal premium increased despite the fact they haven’t had any accident. Some EV owners say they’ve even been rejected by insurance companies, as their daily long commutes and high mileage are seen as an elevated risk factor.