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

Electric PV retail sales up 56.87 pc at 12,233 units in April: FADA

by AIP Online Bureau | May 6, 2025 | Data, Eco/Invest/Demography, Technology

Tata Motors continued to lead the market with 4,436 units of electric PVs sold last month, although JSW MG Motor India and Mahindra & Mahindra (M&M) are catching up with 3,462 units and 2,979 units respectively, as per the Federation of Automotive Dealers...
Toyota Motor Corp. plans to move 100 residents of a futuristic city at base of Mount Fuji

Toyota Motor Corp. plans to move 100 residents of a futuristic city at base of Mount Fuji

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Facts, Technology

Akio Toyoda,Chairman,Toyota A key part of Toyota’s broader Woven initiative is a new software platform and vehicle operating system it calls Arene, which is designed to speed up car development and lower costs. It plans to deploy the system this year and make it a...
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