Growth in electric vehicle insurance – Reflecting increasing adoption of EVs in India
Mumbai, Maharashtra, India: Kotak General Insurance, an insurance provider in India spots growth in electric vehicle insurance due to increasing adoption of electric vehicles in India. The rise in electric vehicle (EV) adoption is not only reshaping the motor landscape but also revolutionising the insurance sector. Electric vehicles have become a symbol of innovation and progress in the Indian motor industry with a focus on sustainability and reduced carbon emissions.The recent growth in electric vehicle insurance serves as a testimony to the rapid expansion of the EV market in India. A significant spike in the number of electric vehicles on Indian roads has been spotted which helps in increasing environmental awareness and advancements in EV technology. This spike in the adoption of elect...










