by AIP Online Bureau | Dec 26, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management, Technology
The problems are expected to intensify in 2024, when many of the 1.2 million EVs sold in Europe in 2021 will come off their three-year leasing contracts and enter the second-hand market. How companies tackle this problem will be key for their bottom lines, consumer...
by AIP Online Bureau | Nov 7, 2023 | Briefs, Non-Life, Technology
Magma HDI General Insurance Limited (Magma HDI) has launched ‘Battery Secure Add On’, an insurance product specifically for batteries of electric vehicles (EVs) and hybrid electric vehicles (HEVs). Rajive Kumaraswami, managing director & CEO, Magma HDI General...
by AIP Online Bureau | Sep 15, 2023 | Indian News, Non-Life
“As the relevant provisions of the MV Act and Central Motor Vehicles (CMV) Rules are already applicable to EVs, specifically pertaining to mandatory insurance cover, wearing of headgear on two-wheelers and penal provisions for non-compliance of the provisions, this...
by AIP Online Bureau | Aug 17, 2023 | Climate, Environment, Renewable Energy, Indian News, Non-Life, Reinsurance
Ankur Gupta, head of client management, Munich Re India Branch, revealed that the reinsurer, after launching its Solar Photo Voltaic Performance Warranty , has recently unveiled two new products for fast expanding Electric Vehicles(EVs) segments -Extended Warranty...
by AIP Online Bureau | May 22, 2023 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
In January, the majority-owner of India’s dominant car manufacturer announced a deal with a government agency and Asia’s largest dairy manufacturer to verify that biogas derived from cow manure could be used to power Suzuki models running on compressed natural gas EVs...
