AAA Plans to Charge Tesla Owners More for Insurance, But Should It?

  • Emma Sandler
  • June 5, 2017
Tesla owners with an AAA insurance policy may have to pay an additional 30% premium, the insurance company said. This follows a report from the Highway Loss Data Institute (HLDI) and other sources that show the Model S and Model X have above average claim frequencies and insurance claims compared with other cars in the […]

Autonomous EV Carshare to Reduce Finance Costs by 90%, Study Shows

  • Natalie Mattila
  • May 12, 2017
Within 10 years, about 95% of miles in the U.S. will be driven by on-demand autonomous electric vehicles, owned and operated by companies providing transportation-as-a-service (TaaS), according to a new study released last week. And these TaaS vehicles will significantly reduce operating costs, including a 90% decrease in finance costs. “Finance costs are related to […]

Maven Aims to Ease Delivery Drivers Into Leasing With Weekly Rental Program

  • Natalie Mattila
  • May 10, 2017
General Motors Co.’s mobility services platform Maven launched a rental product for rideshare and delivery drivers called Maven Gig yesterday, in hopes it will serve as a gateway for consumers to lease vehicles from General Motors Financial Co., Rachel Bhattacharya, GM’s director of commercial mobility and AV fleet operations, told Mobility Finance. “Obviously, if a […]

How Blockchain Will Help Electric Charging of Autonomous Vehicles

  • Emma Sandler
  • May 3, 2017
Innogy, a subsidiary of Germany’s energy giant RWE, added blockchain capabilities last week to hundreds of charging stations for electric vehicles across Germany, which could help autonomous vehicles pay to charge themselves — without human intervention. Hundreds of EV charging assets all over Germany will be “blockchainified,” Carsten Stöcker, senior manager at Innogy Innovation Hub, said in a […]

Ola Pilots Leasing for Electric Vehicles Amid Tense Rideshare Market

  • Emma Sandler
  • May 2, 2017
A lot has happened with Ola in India within the past few weeks, including approval for raising up to $100 million from existing shareholders, the State Bank of India beginning to refuse new loans for Ola drivers in Bengaluru, continued driver protests, and now the company is creating a new electric vehicle subsidiary to lease electric […]
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