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60 pc consumers in APAC, including India, will prefer hybrid EVs in future: Study

by AIP Online Bureau | Feb 15, 2023 | Eco/Invest/Demography, Facts, Non-Life, Technology

Within APAC, 85 per cent of consumers were aligned with these key priorities, consisting of 92 per cent of Millennials, 83 per cent of Gen Xers and 72 per cent of Baby Boomers prioritise sustainability the highest. Consumers are driving the growing emphasis on...
Electric cars are getting too big and bulky, US safety regulator warns

Electric cars are getting too big and bulky, US safety regulator warns

by AIP Online Bureau | Jan 12, 2023 | International News, Non-Life, Regulation, Technology

I’m concerned about the increased risk of severe injury and death for all road users from heavier curb weights and increasing size, power, and performance of vehicles on our roads, including electric vehicles,” Homendy said in remarks delivered Wednesday in...

Chinese EV firm Xpeng Aeroht’s $1,40,000 car can fly over traffic jams

by AIP Online Bureau | Dec 23, 2022 | Facts, Non-Life, Technology

“The flying car is approaching reality and we think it was the right time to chip in,” Brian Gu, Xpeng’s president, said on the sidelines of the Dubai event, called GITEX In fact, the model is designed to be driven on the road for more than 90% of the time and only...
Majority of EV owners have safety concerns and want customised solutions: ACKO survey

Majority of EV owners have safety concerns and want customised solutions: ACKO survey

by AIP Online Bureau | Dec 5, 2022 | Eco/Invest/Demography, Non-Life, Technology

With the growing popularity of EVs, the demand for customized insurance products has also gathered steam. 79% of respondents said they want a customized insurance solution for their EVs and 67% are ready to pay a premium for that. However, 53% said that there is a...

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

by AIP Online Bureau | Oct 24, 2022 | Data, Eco/Invest/Demography, International News, Technology

To support that unprecedented level of EVs, carmakers and their battery partners are planning to install 5.8 terawatt-hours of battery production capacity by 2030, according to data from Benchmark Mineral Intelligence and the manufacturers The world’s top...
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