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General insurers rush to become preferred choices for Tesla’s EV customers in India

General insurers rush to become preferred choices for Tesla’s EV customers in India

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...
EV sales in India rise 28.6 pc to 1,80,238 in June: FADA

EV sales in India rise 28.6 pc to 1,80,238 in June: FADA

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...
Retail vehicle sales in India surpass wholesales in June, driven by discounts, EV push

Retail vehicle sales in India surpass wholesales in June, driven by discounts, EV push

by AIP Online Bureau | Jul 3, 2025 | Data, Non-Life

New Delhi: Retail registrations in the Indian automobile market outpaced wholesale dispatches across key segments in June 2025, a new report said on Wednesday. While two-wheeler (2W) retail demand continued at a slow pace, commercial vehicles (CVs) and passenger...
EV-carrying ship that caught fire in Pacific ocean has sunk

EV-carrying ship that caught fire in Pacific ocean has sunk

by AIP Online Bureau | Jun 24, 2025 | International News, Non-Life, Reinsurance, Risk Management

Demand for lithium-ion batteries, including in EVs, is bringing a new risk to the global shipping industry, particularly given the value of the vehicles on board the largest car-carrying vessels, according to a report last month by insurance giant Allianz. .A ship...
With near-monopoly on rare earth magnets, China decides fate of global EV industry

With near-monopoly on rare earth magnets, China decides fate of global EV industry

by AIP Online Bureau | Jun 7, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

China holds a near-monopoly on rare earth magnets – a crucial component in electric vehicle motors – and it added them to an export control list in April as part of its trade war with the United States, forcing all exporters to apply to Beijing for licenses. In a...
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