Hyundai and Kia to Recall Nearly 170,000 EVs Over Software Problem in South Korea March 18, 2024 Hyundai Motor Co. and sister company Kia Corp. will recall about 170,000 electric vehicles (EVs) in South Korea over problems...
Markets/Coverages: Legal & Contingency Launches EV Charging Site Insurance for England and Wales February 28, 2024 Legal & Contingency Ltd. (L&C), the London-based MGA that specializes in underwriting legal indemnities and title risks, announced the launch...
Europe Automakers Will Not Challenge 2035 Fossil-Fuel Car Ban, Industry Group Says February 27, 2024 By Gilles Guillaume Europe’s automakers will not challenge the European Union’s decision to effectively ban fossil-fuel vehicles as of 2035 no matter who...
3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety February 23, 2024 By Lee Shavel Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced...
Slumping EV Prices Force Carmakers to Repay Leasing Firms February 22, 2024 By Elisabeth Behrmann and Wilfried Eckl-Dorna Carmakers have begun compensating leasing companies for the sliding value of used electric cars as Tesla Inc.’s price cuts rip...
Crash Tests Indicate Nation’s Guardrail System Can’t Handle Heavy Electric Vehicles February 2, 2024 By Margery A. Beck Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed...
Electric Vehicles Cost Twice as Much to Insure as Fuel-Burning Cars in UK January 24, 2024 By Jamie Nimmo British drivers have to fork out twice as much to insure electric vehicles as they do for combustion-engine models, adding...
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles November 30, 2023 By Tom Krisher Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey...
Biden’s Clean Energy Agenda Faces Mounting Headwinds November 27, 2023 By Nichola Groom and Jarrett Renshaw Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate...
California’s 3Q Auto Market Registrations Continued to Rise Helped by EV Sales November 2, 2023 A new report shows a 14.3% increase in California’s new vehicle registrations compared to the first nine months of 2022...