Latvia is set to expand the scope of mandatory third-party liability insurance, known as OCTA, to cover a broader range of electric vehicles, government officials announced this week. The move aims to enhance road safety and financial protection for all road users amid the growing popularity of electric mobility in the country. As the Baltic nation accelerates its transition toward greener transportation, the proposed regulatory changes reflect a commitment to ensuring that insurance frameworks keep pace with evolving vehicle technologies.
Latvia Expands Mandatory Third-Party Liability Insurance to Cover More Electric Vehicles
Latvia is set to broaden the scope of mandatory third-party liability insurance (OCTA) to include an expanded range of electric vehicles, reflecting the nation’s commitment to enhancing road safety and adapting to the growing popularity of eco-friendly transportation. The upcoming regulation aims to ensure that owners of not only traditional electric cars…
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Author : Mia Garcia
Publish date : 2025-11-08 07:55:00
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