by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Despite EV drivers paying anywhere from 20% higher to double the premiums for traditional cars, China’s auto insurers have been nursing losses from covering new energy vehicles for at least three years. The industry lost 5.7 billion yuan ($802 million) from...
by AIP Online Bureau | Aug 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology
HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...
by AIP Online Bureau | Aug 8, 2025 | Data, Eco/Invest/Demography, Technology
“This momentum signals that India’s EV transition is steadily moving beyond early adopters into mainstream consumer and fleet markets,” FADA President CS Vigneshwar stated New Delhi: Electric passenger vehicle retail sales jumped 93 per cent...
by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk’s Tesla has set up its first show room in Mumbai for selling its electronic...
by AIP Online Bureau | Jul 8, 2025 | Data, Eco/Invest/Demography, Technology
“In June 2025, electric two-wheelers commanded 7.3 per cent of the market, up from 5.8 per cent a year ago, demonstrating growing consumer confidence in EV technology. Electric three-wheelers now account for over 60 per cent of all three-wheeler sales, cementing...
