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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The market for electric vehicles is expanding as gas costs increase and global awareness of the effects of climate change rises. The role of insurers in guiding their clients through the challenges and possibilities presented by electric cars is crucial.
Global efforts to promote sustainable development will shift industry attention to electric cars, combined with customer demand for more environmentally friendly transportation options. And all the above factors will push the EV insurance market to steady increase.
The change for the insurance sector is in reimagining conventional indemnity-based solutions as cutting-edge offers that assist in defending the interests of the customerânot simply their assets.
The Latin America EV Insurance Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
It's critical that dealers have a thorough understanding of green vehicles given the rising demand for them and the outstanding examples of fully electric cars that are already on the market.
The newly introduced EVA program, which was formally introduced, pushes dealers to make sure that each of these factorsâalong with their maintenance abilitiesâmeets minimal requirements in order to receive the designation of "Electric Vehicle Approved."
The recognition of companies with expertise, capacity, and dedication to electric vehicles through the accreditation will assist to persuade more motorists to convert to a more environmentally friendly option.
EVA authorized dealers are equipped with the skills and information required to guarantee that their clients have a satisfying and informed experience when purchasing new or old plug-in vehicles. fostering customer confidence and promoting the expanding use of zero and ultra-low-emission automobiles.
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, 2023-2030 |
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 |