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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Electric vehicles have been more popular over the past few years, and for good reason. The smartest choice you can make for yourself and future generations are to switch to an electric vehicle as climate change continues to threaten our planet.
Because some of these automobiles' components are made of recycled or eco-friendly materials, they lessen the load on the environment and minimize harmful air pollution and greenhouse gases.
Although the push toward new electric automobiles in Canada is only getting started, it has a bright future thanks to the government's support actions. In order to encourage the use of electric vehicles and promote environmental sustainability, insurance firms have developed a requirement.
The Canada EV Insurance Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2024.
An improved lineup of vehicle protection solutions for owners of electric vehicles (EVs) has been launched, according to Zurich North America.
The packages offer coverage for electric cars that range from roadside assistance for recharging EV batteries that run out of power mid-trip to the repair or replacement of rechargeable batteries.
Nearly all EV manufacturers are covered by the product line, including Tesla, Rivian, and Polestar. According to Zurich, repairing EV parts like electronic display panels may run into the hundreds of euros.
EV protection items offered by Zurich include: servicing agreements for vehicles, vehicle insurance with a guarantee of wheel and tire road danger a plan for environmental protection, repairing paintless dents, Replacement keys, choice of protection Wear, and Universal Security Guard
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |