SOUTH AFRICA EV INSURANCE MARKET

INTRODUCTION

Although there is currently a small market for electric cars (EVs) in South Africa, this is set to change as the government moves quickly to develop a strong local EV sector and as EV demand across the world soars.

The country may quickly transition to the electrification of private and public transportation vehicles thanks to the government's ambitious plans to promote the sale of new energy cars and build a thriving manufacturing economy for EVs and their components.

Because they are more expensive than ordinary vehicles and require more repairs than regular automobiles, EVs would be more expensive to insure. Given that EVs will be challenging to steal and difficult to dispose of, the theft risk for one may decrease with time, but notably in the early stages of EV adoption.

AUTOMOTIVE EXHAUST SYSTEM MARKET SIZE AND FORECAST

The South Africa EV Insurance Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

A new electric mobility solution has been included in the roadside support operations of Allianz Partners, a global leader in roadside assistance and services.

Allianz Partners will benefit from the "ev-Move" platform created by BeNomad in meeting the requirements and demands of the growing number of EV drivers.

In the case of a dead battery, ev-Move makes it simple to locate nearby, compatible charging stations. In order to guide the client or the repairman till they arrive at the charging station, the operator might then send an SMS to them immediately.

A new electric mobility solution has been integrated into Allianz Partners' roadside help operations. Allianz Partners is a global leader in roadside assistance and services.

COMPANY PROFILE

• Allianz 
• Dialdirect car insurance
• The Viriyah Insurance
• Auto & General car insurance

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per South Africa EV Insurance Marketright now and how will it change in next 5-6 years?
2. Average cost to set up aEV Insurance MarketinSouth Africa?
3. How manySouth Africa EV Insurance Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a South Africa EV Insurance Market and key vendor selection criteria
6. Where is theSouth Africa EV Insurance Marketmanufactured? What is the average margin per equipment?
7. Market share ofSouth Africa EV Insurance Market manufacturers and their upcoming products
8. The most important planned South Africa EV Insurance Market in next 2 years
9. Details on network of majorSouth Africa EV Insurance Market and pricing plans
10. Cost advantage for OEMs who manufactureSouth Africa EV Insurance Market in-house
11. 5 key predictions for next 5 years inSouth Africa EV Insurance Market
12. Average B-2-BSouth Africa EV Insurance Marketprice in all segments
13. Latest trends inSouth Africa EV Insurance Market, by every market segment
14. The market size (both volume and value) ofSouth Africa EV Insurance Marketin 2022-2027 and every year in between?
15. Global production breakup ofSouth Africa EV Insurance Market, by suppliers and their OEM relationship