When purchasing a $1,200 smartphone, 68% of consumers instinctively add extended warranty coverage – but does this decision actually mitigate risk or simply create financial false security? The global aftermarket protection plan sector reached $192.7 billion in Q2 2023 (MarketWatch), yet 41% of policyholders report unresolved claims according to Consumer Reports.
As global battery energy storage systems (BESS) deployments surge past 160 GW, operators are discovering a harsh truth: warranty management complexities could be eroding 15-20% of projected asset value. Why do sophisticated operators still struggle to claim valid compensations for premature capacity fade or thermal runaway incidents?
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