Venture Capital companies and Investor Owned Utilities (IOU) invest in electric-vehicle charging infrastructure. Some stations include covered solar panel charging stations. Cities across America are implementing electric vehicle (EV) charging station in downtown areas and suburbs fostering support for electric cars. This green energy momentum is very visible. Will this […]
Day: November 1, 2023
Electric Vehicles Are Cool; What About Insuring Them?
Many automakers are preparing to introduce electric cars (EVs), and some have already begun selling them. Industry analysts predict that demand for these e-vehicles will see a steady rise in the upcoming years due to rising customer awareness and stricter emission regulations. Experts contend that internal combustion engine vehicles are […]
Why Insurance Claims On EVs Catching Fire May Get Rejected
Excessive heating is the primary reason why an EV catches fire. The battery of the EV heats up, and when the heat combines with leaked fuel, the battery just explodes in flames. Given the frequent news of electric scooters catching fire nationwide, it’s crucial to inquire whether electric bike insurance […]