Bei Ke Cai Jing·2025-04-22 08:05Core Viewpoint - Financial support is essential for industrial upgrades, with insurance products increasingly involved in sectors like new energy vehicles and low-altitude economy, providing crucial safeguards for key processes [1]. Group 1: New Energy Vehicle Insurance - The core component of new energy vehicles, the power battery, accounts for approximately 40% of the vehicle's cost, raising concerns about battery degradation among owners [2]. - A report from the China Automotive Technology Research Center indicates varying states of battery health, with the 2020 model of Li Auto ONE showing only 75.6% health after 103,000 kilometers [2]. - In 2021, the China Insurance Industry Association's guidelines excluded battery degradation from the coverage of new energy vehicle insurance [3]. - To address consumer concerns, PICC Chengdu Branch collaborated with CATL to develop a solution for battery capacity degradation, launching the first insurance product in Chengdu by the end of 2024, which allows for repair or replacement if the battery reaches a specified degradation rate within the agreed insurance period (1-3 years) and mileage [4]. Group 2: Low-altitude Economy Insurance - The low-altitude economy has emerged as a significant industry trend in China, with the Civil Aviation Administration predicting a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035 [6]. - The demand for insurance in the low-altitude economy is multifaceted, including coverage for research and development risks during the trial phase of drone production and liability for physical damage and third-party risks during actual operations [6]. - Major insurance companies such as PICC, Ping An, Taikang, and China Life are actively entering the low-altitude economy sector [7]. - Data from Swiss Re Institute shows that over 30% of property insurance companies in China have launched related products, with 45 insurance products registered with the China Insurance Industry Association as of July 2024 [8]. - PICC Chengdu Branch customized a risk protection plan for Zongheng Dapeng Company, covering essential insurance types like hull and liability insurance, along with a claims service mechanism [9]. - By April 2025, the insurance project will cover Zongheng Dapeng's drone operations in various fields, providing a total coverage amount of approximately 33.76 million yuan [10]. - The development of insurance for the low-altitude economy faces challenges, including a lack of historical data for risk assessment and pricing, as well as the complexity of various aircraft and application scenarios [10].