💨 Abstract

The demand for Electric Vehicle (EV) insurance in India has surged 16 times in three years, with the EV share of insurance policies increasing from 0.50% in FY23 to 14% in March 2025, according to Policybazaar's internal data. This growth indicates a shift towards sustainable mobility as consumers are increasingly recognizing the need for tailored protection for their EVs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖