Changan, Xiaomi, Geely and other brands are expected to follow suit and launch auto insurance business

With the successful demonstration of BYD and Tesla, it is expected that other automakers will quickly follow suit and launch their own auto insurance business. For example, Changan, Xiaomi, Geely and other brands are expected to launch auto insurance in the future. This will help promote innovation and development of the entire auto insurance industry and provide users with better quality and more affordable auto insurance services.