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Insurance Firms Protest Against Tesla’s Ownership of Old Batteries

Insurance Firms Protest Against Tesla’s Ownership of Old Batteries

SEOUL, March 2 (Korea Bizwire) — A number of insurance companies have filed a protest against U.S. electric vehicle maker Tesla Inc.’s policy of collecting old batteries when replacing them with new ones for their EV models. The Korea Insurance Development Institute’s Korea Automobile Insurance Repair Research and Training Center sent a letter of inquiry [...]