Feature

EV market expansion spurs opportunities for insurer-manufacturer collaboration

Strategic partnerships that combine vehicle data with expertise in claims handling and risk assessment can lead to improved insurance products.

By Doris Yu

January 22, 2024

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6 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.