New York, USA-  October 20, 2025 The global Electric Vehicle (EV) Insurance Market is witnessing dynamic growth as electric mobility continues to reshape the automotive landscape. With rising adoption of electric vehicles across passenger and commercial segments, insurers are developing specialized policies tailored to the unique risks, components. The electric vehicle insurance market size is expected to grow from US$ 52.3 billion in 2023 to US$ 243.5 billion by 2031; it is anticipated to expand at a CAGR of 21.2% from 2024 to 2031.

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