However, as demand for auto repairs naturally rises with the recent growth in the number of cars in North Korea, having car ...
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China’s EV insurance business is losing a lot of money because repair costs are too high
China’s once-booming electric vehicle (EV) insurance business is fast becoming a money-losing sector. Claims are growing faster than expected, and insurers are losing billions of yuan annually. The ...
China’s auto ascendancy will give it greater geopolitical leverage, strengthening its reach and influence worldwide. Yet this ...
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