The automotive industry is experiencing significant transformation. With increasing demand from consumers and governments for environmentally friendly transportation, manufacturers are moving their investments from conventional internal combustion engines to electric vehicles (EVs).

“Innovations in electric vehicles are not only transforming the manufacturing landscape but also greatly affecting the risks involved,” says Dennis Froneberg, Managing Director of AIG’s business in the DACH region, which includes Germany, Austria, and Switzerland.

As this transition unfolds, companies must strategically plan and prepare to manage the various risks that EVs present to the auto industry.

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