Everlectric partners with King Price Insurance, the first insurer to cover commercial EV fleets
We are proud to partner with King Price Insurance, the first insurer in South Africa to cover a commercial fleet of EVs. This collaboration blends innovation with practicality and helps make electric fleets mainstream.
“We saw an opportunity to support a ground-breaking venture that is reducing the carbon footprint in logistics while enhancing service delivery. Insuring electric fleets is different, so we built a model around collaboration and data-sharing. That is what gave us the confidence to move forward.” – Jacques Pienaar, Head of Commercial Underwriting, King Price.
“We reduce the barriers to EV adoption. Our clients do not worry about batteries, power or downtime. They pay a monthly fee that covers everything, including vehicles, insurance and charging stations.” – Paul Plummer CA(SA), CCO and Co-founder, Everlectric
Together, we are proving that traditional industries can adapt quickly and lead. The Everlectric x King Price model shows how collaboration and innovation drive real-world change.