Munich Re insuring battery performance; stationary first, EVs in second phase

Green Car Congress
By mmillikinMar 11, 2019, 9:00 am404 pts
Munich Re is the world’s first insurer to offer a product that covers battery performance. The product allows manufacturers in the booming battery market to offer long-term performance guarantees—whose value is backed by the insurance coverage. The new coverage allows battery manufacturers to insure their…

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