Spotlight: Electric vehicles – are brokers ready for the EV revolution?
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The rapid growth of battery electric vehicles should make personal lines and fleet brokers think carefully about how to adapt to this changing market, with both specialist products and services such as replacement vehicles in the event of a claim. Padraig Floyd speaks to intermediaries to find out what they are doing in this space; whether it is something they are preparing for, and how progressed they are in terms of thinking about an EV future.
The adoption of battery electric vehicles is growing rapidly. Worldwide sales volumes passed the three million mark for the first time in 2020. According to data from EV-volumes.com, China is leading
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