Managing the risk of electric fleets
Businesses are rapidly replacing their internal combustion engine (ICEs) powered fleets with electric vehicles (EVs) to reduce their carbon footprint. As part of the process, fleet managers need to address EV specific risks while also making sure that their insurance providers are keeping pace with the company’s changing risk exposure. The electric vehicle push In Europe, the EV model offering will continue to grow on the back of regulations that set limits to each manufacturer’s light-duty fleet average carbon emissions. Because companies can earn and trade credits, sales of EVs are critical to balancing emissions from other vehicles. Major manufacturers are planning […]
