The global Electric Vehicle UBI market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle UBI, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle UBI.
Report Scope
The Electric Vehicle UBI market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Vehicle UBI market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Vehicle UBI companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Allianz
Allstate Insurance Company
Amica Mutual Insurance Company
Assicurazioni Generali
Cambridge Mobile Telematics
Insure the Box Limited
Liberty Mutual Insurance Company
Mapfre
Metromile
Modus Group
Nationwide Mutual Insurance Company
NTUC Income Insurance Co-operative Limited
Octo Group
Progressive Casualty Insurance Company
Sierra Wireless
State Farm Mutual Automobile Insurance Company
The Floow
Trak Global Group
Unipolsai Assicurazioni
Verizon
Webfleet Solutions
Zubie, Inc
Segment by Type
Pay-As-You-Drive (PAYD)
Pay-How-You-Drive (PHYD)
Manage-How-You-Drive (MHYD)
Segment by Application
Passenger Vehicle
Light Commercial Vehicles
Heavy Commercial Vehicles
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electric Vehicle UBI companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Electric Vehicle UBI Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Pay-As-You-Drive (PAYD)
1.2.3 Pay-How-You-Drive (PHYD)
1.2.4 Manage-How-You-Drive (MHYD)
1.3 Market by Application
1.3.1 Global Electric Vehicle UBI Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Passenger Vehicle
1.3.3 Light Commercial Vehicles
1.3.4 Heavy Commercial Vehicles
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electric Vehicle UBI Market Perspective (2019-2030)
2.2 Electric Vehicle UBI Growth Trends by Region
2.2.1 Global Electric Vehicle UBI Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Electric Vehicle UBI Historic Market Size by Region (2019-2024)
2.2.3 Electric Vehicle UBI Forecasted Market Size by Region (2025-2030)
2.3 Electric Vehicle UBI Market Dynamics
2.3.1 Electric Vehicle UBI Industry Trends
2.3.2 Electric Vehicle UBI Market Drivers
2.3.3 Electric Vehicle UBI Market Challenges
2.3.4 Electric Vehicle UBI Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electric Vehicle UBI Players by Revenue
3.1.1 Global Top Electric Vehicle UBI Players by Revenue (2019-2024)
3.1.2 Global Electric Vehicle UBI Revenue Market Share by Players (2019-2024)
3.2 Global Electric Vehicle UBI Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Electric Vehicle UBI Revenue
3.4 Global Electric Vehicle UBI Market Concentration Ratio
3.4.1 Global Electric Vehicle UBI Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electric Vehicle UBI Revenue in 2023
3.5 Electric Vehicle UBI Key Players Head office and Area Served
3.6 Key Players Electric Vehicle UBI Product Solution and Service
3.7 Date of Enter into Electric Vehicle UBI Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Electric Vehicle UBI Breakdown Data by Type
4.1 Global Electric Vehicle UBI Historic Market Size by Type (2019-2024)
4.2 Global Electric Vehicle UBI Forecasted Market Size by Type (2025-2030)
5 Electric Vehicle UBI Breakdown Data by Application
5.1 Global Electric Vehicle UBI Historic Market Size by Application (2019-2024)
5.2 Global Electric Vehicle UBI Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Electric Vehicle UBI Market Size (2019-2030)
6.2 North America Electric Vehicle UBI Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Electric Vehicle UBI Market Size by Country (2019-2024)
6.4 North America Electric Vehicle UBI Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electric Vehicle UBI Market Size (2019-2030)
7.2 Europe Electric Vehicle UBI Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Electric Vehicle UBI Market Size by Country (2019-2024)
7.4 Europe Electric Vehicle UBI Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Electric Vehicle UBI Market Size (2019-2030)
8.2 Asia-Pacific Electric Vehicle UBI Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Electric Vehicle UBI Market Size by Region (2019-2024)
8.4 Asia-Pacific Electric Vehicle UBI Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Electric Vehicle UBI Market Size (2019-2030)
9.2 Latin America Electric Vehicle UBI Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Electric Vehicle UBI Market Size by Country (2019-2024)
9.4 Latin America Electric Vehicle UBI Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electric Vehicle UBI Market Size (2019-2030)
10.2 Middle East & Africa Electric Vehicle UBI Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Electric Vehicle UBI Market Size by Country (2019-2024)
10.4 Middle East & Africa Electric Vehicle UBI Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Allianz
11.1.1 Allianz Company Detail
11.1.2 Allianz Business Overview
11.1.3 Allianz Electric Vehicle UBI Introduction
11.1.4 Allianz Revenue in Electric Vehicle UBI Business (2019-2024)
11.1.5 Allianz Recent Development
11.2 Allstate Insurance Company
11.2.1 Allstate Insurance Company Company Detail
11.2.2 Allstate Insurance Company Business Overview
11.2.3 Allstate Insurance Company Electric Vehicle UBI Introduction
11.2.4 Allstate Insurance Company Revenue in Electric Vehicle UBI Business (2019-2024)
11.2.5 Allstate Insurance Company Recent Development
11.3 Amica Mutual Insurance Company
11.3.1 Amica Mutual Insurance Company Company Detail
11.3.2 Amica Mutual Insurance Company Business Overview
11.3.3 Amica Mutual Insurance Company Electric Vehicle UBI Introduction
11.3.4 Amica Mutual Insurance Company Revenue in Electric Vehicle UBI Business (2019-2024)
11.3.5 Amica Mutual Insurance Company Recent Development
11.4 Assicurazioni Generali
11.4.1 Assicurazioni Generali Company Detail
11.4.2 Assicurazioni Generali Business Overview
11.4.3 Assicurazioni Generali Electric Vehicle UBI Introduction
11.4.4 Assicurazioni Generali Revenue in Electric Vehicle UBI Business (2019-2024)
11.4.5 Assicurazioni Generali Recent Development
11.5 Cambridge Mobile Telematics
11.5.1 Cambridge Mobile Telematics Company Detail
11.5.2 Cambridge Mobile Telematics Business Overview
11.5.3 Cambridge Mobile Telematics Electric Vehicle UBI Introduction
11.5.4 Cambridge Mobile Telematics Revenue in Electric Vehicle UBI Business (2019-2024)
11.5.5 Cambridge Mobile Telematics Recent Development
11.6 Insure the Box Limited
11.6.1 Insure the Box Limited Company Detail
11.6.2 Insure the Box Limited Business Overview
11.6.3 Insure the Box Limited Electric Vehicle UBI Introduction
11.6.4 Insure the Box Limited Revenue in Electric Vehicle UBI Business (2019-2024)
11.6.5 Insure the Box Limited Recent Development
11.7 Liberty Mutual Insurance Company
11.7.1 Liberty Mutual Insurance Company Company Detail
11.7.2 Liberty Mutual Insurance Company Business Overview
11.7.3 Liberty Mutual Insurance Company Electric Vehicle UBI Introduction
11.7.4 Liberty Mutual Insurance Company Revenue in Electric Vehicle UBI Business (2019-2024)
11.7.5 Liberty Mutual Insurance Company Recent Development
11.8 Mapfre
11.8.1 Mapfre Company Detail
11.8.2 Mapfre Business Overview
11.8.3 Mapfre Electric Vehicle UBI Introduction
11.8.4 Mapfre Revenue in Electric Vehicle UBI Business (2019-2024)
11.8.5 Mapfre Recent Development
11.9 Metromile
11.9.1 Metromile Company Detail
11.9.2 Metromile Business Overview
11.9.3 Metromile Electric Vehicle UBI Introduction
11.9.4 Metromile Revenue in Electric Vehicle UBI Business (2019-2024)
11.9.5 Metromile Recent Development
11.10 Modus Group
11.10.1 Modus Group Company Detail
11.10.2 Modus Group Business Overview
11.10.3 Modus Group Electric Vehicle UBI Introduction
11.10.4 Modus Group Revenue in Electric Vehicle UBI Business (2019-2024)
11.10.5 Modus Group Recent Development
11.11 Nationwide Mutual Insurance Company
11.11.1 Nationwide Mutual Insurance Company Company Detail
11.11.2 Nationwide Mutual Insurance Company Business Overview
11.11.3 Nationwide Mutual Insurance Company Electric Vehicle UBI Introduction
11.11.4 Nationwide Mutual Insurance Company Revenue in Electric Vehicle UBI Business (2019-2024)
11.11.5 Nationwide Mutual Insurance Company Recent Development
11.12 NTUC Income Insurance Co-operative Limited
11.12.1 NTUC Income Insurance Co-operative Limited Company Detail
11.12.2 NTUC Income Insurance Co-operative Limited Business Overview
11.12.3 NTUC Income Insurance Co-operative Limited Electric Vehicle UBI Introduction
11.12.4 NTUC Income Insurance Co-operative Limited Revenue in Electric Vehicle UBI Business (2019-2024)
11.12.5 NTUC Income Insurance Co-operative Limited Recent Development
11.13 Octo Group
11.13.1 Octo Group Company Detail
11.13.2 Octo Group Business Overview
11.13.3 Octo Group Electric Vehicle UBI Introduction
11.13.4 Octo Group Revenue in Electric Vehicle UBI Business (2019-2024)
11.13.5 Octo Group Recent Development
11.14 Progressive Casualty Insurance Company
11.14.1 Progressive Casualty Insurance Company Company Detail
11.14.2 Progressive Casualty Insurance Company Business Overview
11.14.3 Progressive Casualty Insurance Company Electric Vehicle UBI Introduction
11.14.4 Progressive Casualty Insurance Company Revenue in Electric Vehicle UBI Business (2019-2024)
11.14.5 Progressive Casualty Insurance Company Recent Development
11.15 Sierra Wireless
11.15.1 Sierra Wireless Company Detail
11.15.2 Sierra Wireless Business Overview
11.15.3 Sierra Wireless Electric Vehicle UBI Introduction
11.15.4 Sierra Wireless Revenue in Electric Vehicle UBI Business (2019-2024)
11.15.5 Sierra Wireless Recent Development
11.16 State Farm Mutual Automobile Insurance Company
11.16.1 State Farm Mutual Automobile Insurance Company Company Detail
11.16.2 State Farm Mutual Automobile Insurance Company Business Overview
11.16.3 State Farm Mutual Automobile Insurance Company Electric Vehicle UBI Introduction
11.16.4 State Farm Mutual Automobile Insurance Company Revenue in Electric Vehicle UBI Business (2019-2024)
11.16.5 State Farm Mutual Automobile Insurance Company Recent Development
11.17 The Floow
11.17.1 The Floow Company Detail
11.17.2 The Floow Business Overview
11.17.3 The Floow Electric Vehicle UBI Introduction
11.17.4 The Floow Revenue in Electric Vehicle UBI Business (2019-2024)
11.17.5 The Floow Recent Development
11.18 Trak Global Group
11.18.1 Trak Global Group Company Detail
11.18.2 Trak Global Group Business Overview
11.18.3 Trak Global Group Electric Vehicle UBI Introduction
11.18.4 Trak Global Group Revenue in Electric Vehicle UBI Business (2019-2024)
11.18.5 Trak Global Group Recent Development
11.19 Unipolsai Assicurazioni
11.19.1 Unipolsai Assicurazioni Company Detail
11.19.2 Unipolsai Assicurazioni Business Overview
11.19.3 Unipolsai Assicurazioni Electric Vehicle UBI Introduction
11.19.4 Unipolsai Assicurazioni Revenue in Electric Vehicle UBI Business (2019-2024)
11.19.5 Unipolsai Assicurazioni Recent Development
11.20 Verizon
11.20.1 Verizon Company Detail
11.20.2 Verizon Business Overview
11.20.3 Verizon Electric Vehicle UBI Introduction
11.20.4 Verizon Revenue in Electric Vehicle UBI Business (2019-2024)
11.20.5 Verizon Recent Development
11.21 Webfleet Solutions
11.21.1 Webfleet Solutions Company Detail
11.21.2 Webfleet Solutions Business Overview
11.21.3 Webfleet Solutions Electric Vehicle UBI Introduction
11.21.4 Webfleet Solutions Revenue in Electric Vehicle UBI Business (2019-2024)
11.21.5 Webfleet Solutions Recent Development
11.22 Zubie, Inc
11.22.1 Zubie, Inc Company Detail
11.22.2 Zubie, Inc Business Overview
11.22.3 Zubie, Inc Electric Vehicle UBI Introduction
11.22.4 Zubie, Inc Revenue in Electric Vehicle UBI Business (2019-2024)
11.22.5 Zubie, Inc Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Allianz
Allstate Insurance Company
Amica Mutual Insurance Company
Assicurazioni Generali
Cambridge Mobile Telematics
Insure the Box Limited
Liberty Mutual Insurance Company
Mapfre
Metromile
Modus Group
Nationwide Mutual Insurance Company
NTUC Income Insurance Co-operative Limited
Octo Group
Progressive Casualty Insurance Company
Sierra Wireless
State Farm Mutual Automobile Insurance Company
The Floow
Trak Global Group
Unipolsai Assicurazioni
Verizon
Webfleet Solutions
Zubie, Inc
Ìý
Ìý
*If Applicable.