The Investment Committee may extend the timeline by 30 business days, providing recommendations to ensure timely deployment and ongoing monitoring. Upon receiving reasons for delays, the Committee should assess the root cause before approving any partial or full extension.
Insurers plan performance-linked battery cover as EVs gain traction
Insurers are adapting motor insurance for electric vehicles (EVs) to address battery-related risks, a major EV cost component. Performance-linked battery failure coverage is being developed,
September 23, 2025