Magma HDI General Insurance Limited (Magma HDI) has launched ‘Battery Secure Add On’, an insurance product specifically for batteries of electric vehicles (EVs) and hybrid electric vehicles (HEVs).

Rajive Kumaraswami, managing director & CEO, Magma HDI General Insurance, . Through this customized protection, EV and HEV owners will have the specialized coverage they need, thus facilitating the wider adoption of electric mobility.”