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Insurance Costs Could Cripple European Electric Car Sales

11 Oct 2023 | Abstracted from Forbes

"European electric car sales growth will be hit by zooming insurance costs and expiring subsidies...According to moneyexpert.com, electric car insurance is more expensive because of pricey parts that aren’t readily available...British media is awash with horror stories about the latest insurance premiums...This isn't just a European problem. Thatcham is liaising with partners across the world, including the U.S."

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