by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...
by AIP Online Bureau | Feb 22, 2024 | Eco/Invest/Demography, International News, Technology
Leasing companies are demanding concessions from EV makers, including agreements that manufacturers will buy back vehicles, to protect against further erosion in the $1.2 trillion second-hand car market Carmakers have begun compensating leasing companies for the...
by AIP Online Bureau | Jan 9, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Technology
The EV industry had recorded a total sales of 10,25,063 units in 2022, as per the data. New Delhi: Electric vehicle sales in India jumped 49.25 per cent year-on-year to 15,29,947 units in 2023, according to a data released by the Federation of Automobile...
by AIP Online Bureau | Dec 24, 2023 | Eco/Invest/Demography, Non-Life, Technology
Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. ”The overall outlook for the Indian automobile industry in 2024 looks good which can be attributed to the all-round economic growth of the country,...
by AIP Online Bureau | Dec 22, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy
Union minister Nitin Gadkari said the government has also permitted retrofitting of existing polluting vehicles into hybrid and fully EVs. The regulations have been finalised and technology demonstrations done successfully, he added. He said the government intends to...
