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The history of electric cars is a fascinating look at how they failed to catch on when they were first…
Electric vehicles (EVs) are relatively much more expensive to buy. And naturally, by costing more, some highly expensive electric cars now symbolize a privileged social position and status quo. But wait. Before you are charmed by the touch screen pads, Alexa voice devices, Spotify, and the luxurious seats of a Tesla, have you ever wondered why the insurance premium of EVs is higher than gasoline-powered cars? Read on to learn the bare truths.