The U.S. Stock Research Agency learned that according to the Shanghai Securities News, the China Insurance Industry Association has developed and completed the "Exclusive Clauses for Commercial Insurance of New Energy Vehicles of the China Insurance Industry Association (Trial)", which was issued to insurance companies today.
According to the rate switching time of the new energy vehicle commercial insurance model clauses, all new insurance and renewed new energy vehicles, but excluding motorcycles, tractors and special vehicles, are uniformly insured by the "New Energy Vehicle Model Clauses (Trial)", and the "Model Clauses for Motor Vehicle Commercial Insurance of China Insurance Industry Association (2020 Edition)" are no longer applicable. Non-new energy vehicles cannot be insured by the Model Clauses for New Energy Vehicles (Trial).
![The China Insurance Industry Association officially released the exclusive clause for new energy vehicle insurance[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)