Tesla Inc (TSLA)

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How old are ICE vehicles vs EV?

For all of 2021, the ministry reported at least 3,000 new energy vehicle fires. It said the risk of fire was generally higher for such cars than for traditional vehicles, without disclosing specific figures.

But by official Chinese statistics, new energy vehicles in the country are more prone to fires than traditional fuel-powered ones. In the first quarter, 640 new energy vehicles reported fires, 32% higher than a year ago, according to the Ministry of Emergency Management's Fire and Rescue Department.

That increase was far more than the 8.8% increase in fires for transportation vehicles overall, the ministry said. More recent figures weren't available. The ministry didn't respond to a CNBC request for comment.

https://www.cnbc.com/2022/09/27/chinas-new-electric-cars-cost-more-to-insure-than-fuel-powered-cars.html