MISSION AND GOALS

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Research and optimize electric vehicles technologies that can reduce costs for insurance companies and consumers.

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The electric vehicles have unique high-voltage components that differ from the conventional vehicles, such as power batteries, motors and high voltage control components. Due to the limitations of repair technology and safety requirements for these components, insurance companies and OEMs should have reasonable handing plans after vehicle accidents. In addition, the high voltage components of electric vehicles need to be optimized in terms of damageability and repairability; these suggestions can ensure that the vehicles are insurable and repairable.

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The Electric Vehicle Working Group investigates and evaluates the differences in insurance data between electric vehicles and conventional vehicles. We will assist insurance companies in assessing electric vehicle insurance risks and improving their ability to provide electric vehicle loss assessment services.