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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...

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...
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