by AIP Online Bureau | Mar 25, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
Earlier this month, the government approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at attracting major global players...
by AIP Online Bureau | Mar 6, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology
As per the EAC-PM, the number of EVs as a percentage of total vehicles in the country stood at 0.21 per cent, while EV four-wheelers as a percentage of the total four-wheelers amounted to only 0.08 per cent New Delhi: The Economic Advisory Council to the PM (EAC-PM)...
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...
