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Ford and Verisk collaborate to offer telematics data to insurers; usage-based insurance programs

Green Car Congress

Usage-based insurance (UBI) programs typically offer personalized safe driving discounts that can help consumers save money and promote road safety. The Verisk Data Exchange is a leading Internet of Things (IoT) and telematics platform, helping personal and commercial lines insurers to harness the power of data from the connected world.

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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

It is an ideal fun hatch which offers premium, safety and technology features, eco-friendly footprint, spirited performance, all made even more desirable with the added advantage of a low cost of ownership. We are confident that this move will help more and more customers embrace EVs as their preferred mode for personal mobility.

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BlackBerry IVY Innovation Fund makes strategic investment in CerebrumX

Green Car Congress

CerebrumX works with automakers enabling them to generate innovative use-cases across every aspect of their business by tapping into key data-driven insights on vehicle and driver performance. We look forward to working with their team and expand our catalogue of BlackBerry IVY-enabled solutions with this exciting new offering.

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MITEI releases report on 3-year study of future mobility; technological innovation, policies, and behavioral changes all needed; “car pride” an issue

Green Car Congress

The report highlights the importance of near-term action to ensure the long-term sustainability of personal mobility. Understanding the future of personal mobility requires an integrated analysis of technology, infrastructure, consumer choice, and government policy. From Insights into Future Mobility.

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ABI Research: by 2028, automakers will save $1.5B using over-the-air updates to fix recalled cars

Green Car Congress

According to global technology intelligence firm ABI Research, performing these legally required software updates in-person costs OEMs half a billion dollars annually. This report is part of the company’s Smart Mobility & Automotive research service, which includes research, data, and analyst insights.

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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

Green Car Congress

While consumers often cite saving money on fuel as the primary benefit of owning an alternative powertrain vehicle, the reality for many is that the initial cost of these vehicles is too high, even as fuel prices in the United States approach record levels. Ultimately, the true cost of the technology needs to come down substantially.

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Banks quietly raise interest rates on car, personal loans – ET Auto

Baua Electric

Interest rates on some retail loans, excluding home loans, have started inching up, with several banks revising their marginal cost of lending rate ( MCLR ). Several other banks have increased their personal loan rates as well. Representative image. Bank of Baroda, which was charging 8.7% on auto loans last month, is charging 8.8%