Electric vehicles can be a pain to insure. Fixing the problem would give reluctant buyers one less thing to worry about.
Tag: electric vehicles
Insurers Balk at EV Battery Fires and Write-offs
Auto insurers have rapidly boosted prices for electric vehicle cover in the past year, much more than for fossil fuel cars. Indeed, John Lewis has suspended sales of its EV policies by request of French underwriter Covéa as it reassesses the cost of repairs.
Electric Car Tax Breaks Will Benefit U.S. Car Brands
Beginning on Tuesday, rules determining which electric vehicles qualify for tax credits will benefit American brands such as Tesla and General Motors the most
EPA Seeks to Boost EVs with New Limits on Tailpipe Emissions
The Biden administration is proposing new limits on vehicle tailpipe emissions in order to encourage automakers in the United States to generate two-thirds of their sales through electric vehicles within a decade.
EPA to Propose New Vehicle Pollution Cuts, Sees Big EV Jump
The Environmental Protection Agency is set to propose new rules as early as next week to encourage sweeping cuts in vehicle emissions pollution, which will push automakers toward a significant increase in electric vehicle sales.
California Electric Car Mandate Would Hit Mechanics Hard
As California transitions to electric vehicles in its fight against climate change and air pollution, the skills of auto mechanics will become increasingly obsolete over the next decade.
U.S. NTSB Chair Raises Safety Concerns Over Heavy Electric Vehicles
The U.S. National Transportation Safety Board raised concerns about the increased risk of severe injury and death from heavier electric vehicles on U.S. roads.
Rivian to Partner with Nationwide for Insurance Program
Rivian’s plans to sell insurance for its electric vehicles are now taking shape, with new details released about data-driven coverage and a partnership with established underwriter Nationwide. Rivian already is at the forefront of electrification and autonomous driving. Now it appears to be on the leading edge of another trend—carmakers that sell insurance, too. And… Continue reading Rivian to Partner with Nationwide for Insurance Program
Battery Fires Put BMW and Ford on Back Foot as Electric Vehicles Take Off
First, Hyundai Motor Co. made headlines about its electric cars catching fire. Five days later, it was General Motors Co. and Ford Motor Co. The next day, it was BMW AG. Vehicles going up in flames aren’t new to the electric era. An estimated 171,500 took place annually in the U.S. alone over a recent… Continue reading Battery Fires Put BMW and Ford on Back Foot as Electric Vehicles Take Off