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EV Transition: Plugging in new insurance solutions

EV Transition: Plugging in new insurance solutions

by AIP Online Bureau | Aug 4, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Technology

India’s electric mobility revolution is moving from promise to reality, with EV sales recording strong growth across segments. As adoption accelerates, insurers must rethink traditional motor cover to address battery risks, charging infrastructure, specialised...
EV Transition: Plugging in new insurance solutions

EV adoption gains momentum in April amid West Asia uncertainty, sector outlook cautious for May: FADA

by AIP Online Bureau | May 5, 2026 | Data, Eco/Invest/Demography, Technology

The data showed that the transition towards EVs continued to deepen across categories. In the three-wheeler segment, EV penetration rose significantly, with EV share reaching 60.38 per cent. In passenger vehicles, EV share improved to 5.77 per cent, while in the...
EV Transition: Plugging in new insurance solutions

EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA

by AIP Online Bureau | Apr 7, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology

“FY’26 has been a watershed year for India’s electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent YoY, with...
7 killed in fire after explosion at EV charging point outside house in Indore

7 killed in fire after explosion at EV charging point outside house in Indore

by AIP Online Bureau | Mar 18, 2026 | Indian News, Risk Management, Technology

Police Commissioner Santosh Kumar Singh said a car was being charged outside the three-storey house.Cooking gas cylinders inside the house also exploded, which further intensified the fire, Indore:Seven persons were killed when a fire broke out after an explosion at...
EV Transition: Plugging in new insurance solutions

EV innovation:Partnership among Root, Admiral Pioneer and Octopus to deliver smarter cover

by AIP Online Bureau | Jan 23, 2026 | International News, Non-Life, Technology

Emma Huntington, CEO of Admiral Pioneer, said,“We’re partnering with Octopus to bring real innovation to EV salary sacrifice, moving beyond traditional fleet pricing to offer insurance based on individual risk. By combining our deep insurance expertise with Octopus’s...
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