Residual Value Risk in EVs and Its Direct Impact on Insurance Premiums
Residual Value Risk in EVs: Electric vehicles (EVs) are rapidly transforming the global automotive market, but alongside innovation comes financial uncertainty—particularly around residual value risk. Residual value, the estimated worth of a vehicle at the end of a defined ownership period, plays a central role in insurance pricing, claims settlements, and underwriting strategies. For EVs, … Read more