Oil shock will speed electric cars’ comeback

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Tesla has partnered with Zurich Australia to offer insurance coverage for electric vehicles, aiming to increase adoption of low-emission cars. The partnership comes as Australia sees a growing demand for electric vehicles, with over 50,000 new EVs sold in the first six months of the year.
Tesla has launched a deal with Zurich Australia to cut electric vehicle insurance costs. The partnership will offer insurance coverage through the Tesla app. The move aims to address criticism of high EV insurance prices in Australia. InsureMyTesla packages will cover vehicle repairs, including battery and charging equipment issues. The average comprehensive insurance deal for a middle-aged Model 3 driver will be around $1400. The partnership is expected to make EV policies more accessible and support the national transition to electric vehicles.
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