Skip to main content

Cost Benefit: the Tesla effect

By David Crawford November 25, 2020 Read time: 1 min
© Svyatoslav Lypynskyy | Dreamstime.com

A certain EV maker’s entry into the insurance market highlights a broader trend to use telematics and other data to drive benefits. But what benefits?

For more information on companies in this article

Related Content

  • Report forecasts rapidly changing market for drones
    February 19, 2015
    A new IDTechEx report, Electric Drones: Unmanned Aerial Vehicles UAVs 2015-2025, examines the market for drones or unmanned aerial vehicles (UAVs), saying that most of the market value today lies in military applications, both for electric and - the big money - non-electric versions. Nonetheless, small UAVs are increasing in sales fastest and that is primarily down to non-military applications. From 2026, civil uses will greatly exceed military in market value. The report forecasts it all but concentrates o
  • Open Mobile Alliance to moderate panel at Telematics West Coast
    October 24, 2014
    The Open Mobile Alliance (OMA) is to moderate a panel at this year’s Telematics West Coast conference, 30 and 31 October at the Hilton San Diego. The panel titled ‘The car steps out into the connected world’ will be comprised of industry leaders and moderated by director Market Development, OMA, Dr Eshwar Pittampalli. The panel is set to cover the latest developments and predictions in the In-Vehicle-Infotainment (IVI) market and give visitors to the conference a detailed insight into whether the content
  • UK government: compulsory installation of EV charge points and insurance for AV drivers
    October 19, 2017
    Motorway services and large petrol retailers will have to install charge points for electric vehicles (EVs), under the UK Government's Automated and Electric Vehicles Bill, presented by transport minister John Hayes. In addition, official research estimates that the market for driverless vehicles will be worth £50 billion ($66 billion) by 2035. The bill will increase the access and availability of charge points for EVs, which will have to be ‘smart,' meaning that they can interact with the grid to manage
  • UK telematics insurance sales increased five fold in the last two years
    July 16, 2012
    Research from the British Insurance Brokers’ Association (BIBA) shows that ‘black box’ motor insurance sales have increased five fold in the last two years, and are set to snowball to around 500,000 in the next two years. BIBA says that the telematics technology can offer savings on motor insurance of around 2530 per cent and some young drivers can save up to US$1,554.