Shenzhen Proposes "Battery-Separate" EV Insurance to Enhance Smart Driving Coverage

The Shenzhen Municipal Financial Regulatory Authority recently released the "Action Plan for the Insurance Industry to Support Scientific and Technological Innovation and Industrial Development (2026–2028) (Draft for Public Comment)," which proposes optimizing insurance offerings for new energy vehicles (NEVs). The plan encourages the development of NEV insurance products combining "basic + variable" coverage components and supports closer data collaboration between insurers and autonomous driving companies to accumulate risk data and refine insurance services tailored for intelligent driving vehicles. Additionally, Shenzhen will explore commercial auto insurance products based on the "vehicle-battery separation" model in specific scenarios such as urban transportation, promote the establishment of comprehensive repair and claims settlement standards, and help reduce the usage and maintenance costs of new energy vehicles.