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EV batteries remain major challenge for insurers – UK’s Thatcham

EV batteries remain major challenge for insurers – UK’s Thatcham

by AIP Online Bureau | Jul 5, 2023 | International News, Non-Life, Reinsurance

Batteries can make up half of an EV’s cost and Thatcham found a replacement battery can cost more than the used price of the vehicle after only one year, making replacing them uneconomical LONDON: A lack of data on electric vehicle (EV) batteries continues to...

Delhi has become India’s electric vehicle capital: CM Arvind Kejriwal

by AIP Online Bureau | Jun 28, 2023 | Data, Eco/Invest/Demography, Health, Technology

We introduced the Electric Vehicle Policy in August 2020. Our target was that by 2025, at least 25 per cent of all the new vehicles bought in Delhi should be EVs. As of now, 13 per cent of all the new vehicles that are bought in Delhi are EVs. The national average at...
EV penetration in India to cross 21% by 2027:Experts

EV penetration in India to cross 21% by 2027:Experts

by AIP Online Bureau | May 14, 2023 | Data, Eco/Invest/Demography, Non-Life, Technology

With the friendly government policies and new entrants arriving on the scene with cheaper EVs, the country is set to witness a plethora of options in the next 2-3 years New Delhi: As India, which is the fourth largest car market globally, charts a new course for...
Scratched EV battery? Your insurer may have to scrap the entire car

Scratched EV battery? Your insurer may have to scrap the entire car

by AIP Online Bureau | Mar 20, 2023 | International News, Non-Life, Reinsurance, Risk Management, Technology

Battery packs can cost tens of thousands of dollars and account for up to 50% of an electric vehicle’s price, often making them uneconomical to replace. “We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at Thatcham...
EV charging stations susceptible to cyber attacks: Gadkari

EV charging stations susceptible to cyber attacks: Gadkari

by AIP Online Bureau | Mar 16, 2023 | Workplace/Employee Benefits

Union Minister Nitin Gadkari He said as per the information reported to and tracked by CERT-In, the number of cyber security incidents during 2018, 2019, 2020, 2021 and 2022 is 2,08,456; 3,94,499; 11,58,208; 14,02,809 and 13,91,457, respectively Replying to a separate...
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