22 juin 2020

Beating Google, Tesla, this startup's self-driving truck is all set to hit Indian roads Read more at: https://economictimes.ind

Beating Google, Tesla, this startup's self-driving truck is all set to hit Indian roads While the global giants may have decided to stay away from the dusty and the pothole-ridden roads of India in their race to be hailed as the pioneers of self-driven technology; a young Bengaluru-based startup believes the chaotic, poorly-kept roads of India are ideal grounds for them to master their self-driving technology."For us, the more chaotic the roads are, the more data we get and the more trained our algorithm becomes. Indian roads are... [Lire la suite]
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25 avril 2020

Why Usage based Insurance (UBI) should be offered by Indian Insurance companies?

Why Usage based Insurance (UBI) should be offered by Indian Insurance companies? Usage-Based Insurance (UBI) is an innovative system of assurance that aligns driving behaviour with premium rates for vehicle insurance. Mileage and driving behaviours are tracked using telematics devices that are installed in a vehicle or have already been integrated during manufacturing.The basic idea of integrating telematics with vehicle insurance is to get driver's behaviour monitored directly in real time. These telematics devices measure a number... [Lire la suite]
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05 mars 2020

WHERE DOES INDIA STAND IN AUTONOMOUS VEHICLES?

WHERE DOES INDIA STAND IN AUTONOMOUS VEHICLES? In recent times, the race towards making Autonomous Vehicles (AVs) or self-driving cars have taken a big leap as several automotive players, and tech giants are investing huge capital on it. Many of them even have already begun test trials in countries like the US, Germany, UK, Japan, China, among others. Unlike its global counterparts, the Indian automotive sector seems slowly towards it. It is undoubtedly that the Indian automotive is one of the largest industries in the world. In... [Lire la suite]
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02 février 2020

Is it Time for Usage-Based Insurance for Vehicles in Indian Market? A Critical Analysis

Is it Time for Usage-Based Insurance for Vehicles in Indian Market? A Critical Analysis Most car owners in the current state of the market are content with buying the simple third-party insurance or a comprehensive insurance that covers damage to the vehicle, usually with a significant number of exclusions. Most new types of cover are not yet known to many consumers, or those policyholders who tend to go ahead with the traditional means of insuring a vehicle. In fact we could go so far as to say there... [Lire la suite]
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23 janvier 2020

Bringing Self-Driving Technology To 18-Year Old Trucks – India’s Flux Auto

Bringing Self-Driving Technology To 18-Year Old Trucks – India’s Flux Auto Like it or not, autonomous mobility is inevitable. That’s according to Pranav Manpuria, the founder and CEO of Bengaluru-based Flux Auto.  Flux Auto is one of the few companies in the autonomous space in India. Started in 2017 by two friends Manpuria and Abhishek Gupta, Flux Auto is a start-up committed to making autonomous technology available to commercial vehicles (CVs) in the Indian market. “I knew I always wanted to be in this space, but the only... [Lire la suite]
18 janvier 2020

Usage-Based Car Insurance in India

Usage-Based Car Insurance in India The motor insurance industry is witnessing a fast progress and innovative technological development in the recent years. With multiple new concepts launched for both the insurer and the drivers, this industry is seeing new dimensions. Though very less is known about the Usage-Based car insurance, this is an innovative concept which can change the future of motor insurance industry. This concept mainly works on the basis of telematics and RF technology to understand the driving nature as well as the... [Lire la suite]
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15 décembre 2019

Opinion | Why driverless cars make sense for India

Opinion | Why driverless cars make sense for India More than two years back, the then minister for road transport and highways Nitin Gadkari, said driverless cars will not be allowed in India because the government is not going to promote any technology that comes at the cost of jobs. On Wednesday, in his second innings as a minister holding the same portfolio, Gadkari simply reiterated this stance. His argument was similar to what he said two years back -- the country has 40 lakh drivers and there is a shortage of 25... [Lire la suite]
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02 décembre 2019

India Two-Wheeler Sharing Market Predicted to Meet $94 Million by 2025

India Two-Wheeler Sharing Market Predicted to Meet $94 Million by 2025 NEW YORK, Oct. 03, 2019 (GLOBE NEWSWIRE) -- According to the market research report published by P&S Intelligence, the Indian two-wheeler sharing market share was valued at $19.2 million in 2018, which is projected to reach $94.0 million by 2025, witnessing a CAGR of 20.2% during the forecast period (2019–2025). In the vehicle type, the motorcycle/scooter category dominated the market during the historical period. During the forecast period, the... [Lire la suite]
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20 novembre 2019

Competing in a new age of insurance: How India is adopting emerging technologies

Competing in a new age of insurance: How India is adopting emerging technologies With written gross premiums of USD 94.48 billion in FY18, the Indian insurance industry is the fifteenth largest in the world in terms of premium volume.1 Owing to rising awareness, innovative products and a proliferation of distribution channels, the insurance industry in India is expected to reach newer heights by 2020.2 Though insurance reach is still low in the country and there exists a huge untapped market, government policies of financial... [Lire la suite]
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04 novembre 2019

Mando advances into ADAS market in India

Mando advances into ADAS market in India To provide AEB radar and camera to Mahindra Developing devices to detect large animals on the road SEOUL, South Korea, April 17, 2019 – Mando Corp., a company specializing in automobile parts, has announced on April 15 that it concluded a contract for supply of ADAS (Advanced Driver Assistance System) to Mahindra & Mahindra Ltd. of India. With the signing of the contract, Mando will advance into the ADAS market in India and increase the mounting... [Lire la suite]