electric vehicles News
When EVs Take Off: AM Best Reviews Impact on China Motor Insurance
Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded five years earlier, AM Best said in a special report published ...
85M Electric Vehicles on the Road by End of 2025: Gartner
By the end of 2025, 85 million electric vehicles (EVs) - cars, buses, vans and heavy trucks are expected to be on the road, according to the latest forecast by Gartner, Inc. "Despite several hurdles ...
Mitchell: EV Total Losses Rise as Prices Drop
Total loss frequency for electric vehicles (EV) continues to climb as prices for used EVs have fallen, according to a report issued by Mitchell, an Enlyte company. The technology and information ...
Most EVs in the U.S. Are Still Being Shipped to the Same Few States
As the U.S. car market swiftly and steadily goes electric, the Volkswagen ID.4 remains near the front of an increasingly crowded field. Americans bought nearly 6,200 of them in the first three months ...
Risks to Watch: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety
Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy and the ...
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 ...
Total Loss Rate for EVs Lower Than Gas-Powered Vehicles: Mitchell
A new report debunks the common misconception that electric vehicles (EVs) are declared total losses more often than their internal combustion engine (ICE) counterparts, according to Mitchell, an ...
EV Industry Offers Challenges, Opportunities for Insurers
A new paper by the American Property Casualty Insurance Association (APCIA) finds that the insurance industry is responding to the needs of the transportation sector as the momentum for electric ...
Electric Vehicles and the New Frontier They Represent for Auto Insurers
Electric vehicles (EVs) and internal combustion engines could not be more different in some respects, but there's one thing they have in common: They both represent a ...