At present, the number of new energy plants owning and authorized total stores is about 3,300, and each must still serve nearly 2,400 new energy vehicles based on the country's new energy vehicle holdings, far exceeding the current capacity of most car service providers. It shows that peng's car is in a sales shop in beijing. Zhang jinqi/sing
Over the past year, there has been considerable discussion of news and topics on the “high premiums and maintenance costs” of new energy vehicles. At present, after-sale services for electric cars are not perfect, and in order to reduce manufacturing costs and over-intellectualization, some companies shift the high cost of vehicle maintenance to consumers. Visual china
In 2022, china's automobile industry continued to develop well in the face of global uncertainties。
Whether the market share of autonomous brands is increasing, the “half-mile mountain” that occupied the car market for the first time, or the rapid growth of new energy cars, with high levels of production and sales, or a growing number of chinese brands heading for the global market to rob overseas markets... These are certainly exciting for people in and out of business。
Of these, the “wiring locomotive” of new energy vehicles is particularly visible。
Turning to this topic, the secretary-general of the choi dong-ho of the motor market information joint conference said to the press: “in china, the penetration rate of new energy vehicles was close to 28 per cent throughout 2022, a figure that reached 29. 5 per cent in december. This was done ahead of schedule in the new energy automobile industry development plan (2021-2035). Achieving 20% penetration in the new energy automobile market by 2025.”
It is well known that the new energy automobile industry has become the most important stage in the development of the automobile industry in all countries. In particular, in the chinese market, over the past two years, autonomous brands have gained strong control over the entire market for new energy vehicles, accounting for more than 60 per cent of retail market shares, and many new energy models have received widespread consumer attention。
However, over the past year there has been considerable discussion of news and the topic of “high premiums and maintenance costs” for new energy vehicles。
The data agency wepredict had published a report that, through a study of the services and maintenance of some 19 million vehicles between 2016 and 2021, it had been found that the current cost of maintenance of electric vehicles was 1. 6 to 2. 3 times higher than that of fuel trucks at the same price。
“with regard to new energy vehicles, more attention has been given to low-carbon energy-saving and intelligent networking within and outside the industry. What has been overlooked by many is that new energy vehicles have also caused enormous disruption to the maintenance and insurance systems involved in the post-traditional automobile market. The car industry analyst liu ji-chul said:。
Insurance maintenance became the main heart disease
According to media reports, an accident occurred in zhejiang during a driving trip by a polar star owner, resulting in damage to the vehicle's main lamp and chassis and a dent in the battery plate。
The owner of the vehicle, who thought that the collision had caused only a battery shell injury, was informed by the 4s store that, because of the construction design of the polar star 2, it would not be possible to repair the aluminium shell that had been wrapped in the battery separately and that the entire battery would have to be replaced at a cost of up to $540,000。
“it would be absurd for me to spend more than twice as much on repairing a non-serious accident for the price of less than $250,000 (after discounts and subsidies) on the sale of a new polar star 2 car.” the voice of the owner also quickly resonates. In fact, it is only a microcosm of the current status of the “sky price maintenance” of new energy vehicles。
A small pyramid p5 had a collision with a bumper that required $19,000 in maintenance costs, one of which required more than 9,000 laser radars; a tesla model y, which sold over $300,000, had damage to the back of the car and cost more than 200,000; and an ideal o. E., which accidentally had a slight twirl while the owner of the car wanted to repair, found that a single patch cost $1,200, for a total of $2,400 for both sides of damage
In the context of high maintenance costs, insurance companies have also generally increased the offer for insurance for new energy vehicles. This has become more evident and widespread, especially with the introduction of a new energy vehicle insurance exclusive provision。
Tesla official indicated that the national average increase in vehicle premiums under the recent flag was around 10 per cent; the average increase in high-performance car-type premiums was within 20 per cent. Peng cars also responded publicly to the increase in premiums, stating that the flag-departure premium increased by 2. 9 to 18. 2 per cent。
In july of last year, xutang of guangdong chu sea purchased a new jointly financed energy car. New vehicles purchased with a discount price of $143,000 and insurance premiums of $5182 for new vehicles。
“i understand that the insurance price of this new energy car is in the range of $4,000 in 2021.” xu and the press have made a write-off, and “it is true that the cost of electricity, insurance, maintenance, etc. For the new car combined is less than that for the fuel truck, so it is barely acceptable to increase the premium”
Data from the financial insurance policy show that, at the end of last year, new insurance premiums for new energy vehicle insurance were close to 50 per cent. Data from the china regroup show that new energy vehicle insurance premiums exceeded $30 billion in 2021, or 3. 8 per cent。
Journalists visited yonghu chang tianxian street, in beijing's zhongyang district, where new energy vehicles, such as peng, aito and ideal, are owned, all of which open sales outlets。
“the price of new energy vehicle insurance has been dynamically adjusted since 2022, mostly with price increases. Same type, similar claim records. In early 2022, some models were able to rise by about 5 per cent, while in the last half-year they were generally more than 10 per cent, ranging from $700 to $1,000, with the largest premium reaching 35 per cent.” the sales consultant for a new energy brand told journalists。
Improving the layout of the system is key
On 27 december 2021, the exclusive insurance for new energy vehicles was officially launched. The shanghai insurance exchange has also officially launched the new energy vehicle insurance trading platform, and the first of its 12 financial insurance companies has an exclusive new energy vehicle product that can be insured online through major platforms. Today, the new energy vehicle risk is one year old。
However, whether policies continue to improve or some of the new energy vehicle-type premiums have been increased, the insurance coverage of the new energy vehicle remains a “compensation business” for most insurance companies。
According to data provided by china's silver letter, between 2016 and the first half of 2020, the overall risk rate for new energy vehicles was 3. 6 per cent higher than for non-new energy vehicles and 9. 3 per cent higher for domestic energy vehicles. According to data reported by shin manghong, the rate of payment for new energy vehicle insurance is currently on average close to 85 per cent, and the industry as a whole continues to face significant underwriting losses。
Liu zhicheng said to journalists: “the overall cost of insurance for new energy vehicles is now higher than for fuel trucks, but this has improved with market developments. Following the introduction of the exclusive product of new energy insurance for automobiles, the level of costs was further reduced, approaching the balance point of gains and losses. At present, the new energy car billing rate is approximately 101 per cent, which is close to the balance point.”
In liu's view, it is precisely because of the high rate of new energy vehicle insurance payments that small and medium-sized insurance companies are now cautious about covering new energy vehicles. For small and medium-sized insurance companies, the new energy vehicle insurance is indeed a piece of “cake”, but the operation of small and medium-sized insurance companies is not easy。
Against this background, some companies have shown a positive attitude towards the vehicle insurance business. Statistics show that the ideal cars, pelicans, tesla and tesla are all covered by the vehicle insurance business. Traditional automobile companies, including the express group, the upper motor group, biadi and jili holdings, are also already involved in insurance。
“in addition to the huge market potential of new energy risk insurance, the insurance industry, which is a direct link to end-user c of the car industry, has developed new business models and growth space, both throughout the life cycle of the car's owner。
With regard to the high maintenance cost of new energy vehicles, choi dong-soo indicated that the new energy vehicle mainframe plant, in order to make vehicles under its flag more intelligent, would normally install a large number of laser radars or millimetre wave radars, which were often expensive and poorly designed to protect them。
“the owner of such a design faces high maintenance costs, even if there is a slight twitch.” according to choi, “in addition, an increasing number of electric vehicles are using integrated casting techniques, with the advantage of light quantification, lower manufacturing costs and longer vehicle continuity, thereby enhancing vehicle manipulation. But once the collision is severe, it cannot be repaired and can only be replaced in its entirety.”
According to choi dong-soo, since the entire post-market development of the new energy vehicle is not particularly perfect, the main parts of the vehicle are in the hands of the mainframe plant, which controls the pricing of spare parts and hours. He indicated that after-sale services for electric cars were not currently perfect, and that some companies had shifted the high cost of vehicle maintenance to consumers in order to reduce manufacturing costs and over-intelligence。
“the current number of new energy producers owning and authorized general stores is about 3,300, and each must still serve nearly 2,400 new energy vehicles according to the country's new energy vehicle holdings, far exceeding the current capacity of most car service stores.” choi dong-sook called for “the construction of systems, whether in the new energy car insurance or after-sales industry, to increase the number of enterprises and stores involved in mitigating the impact of high prices.”
“i believe that once the retail penetration rate of new energy vehicles is exceeded by 30 per cent, it is likely that it will have a significant impact on the fuel car market.” choi dong-sook concluded that “through the dynamic momentum of the new energy car and the convergence of insurance companies with the ups and downs of the industrial chain, including automobiles and maintenance companies, we are convinced that future new energy vehicle insurance will inevitably be revised and better and eventually achieve a relative balance between risk and premiums”
Zhang jinqi, china youth news
