InnoTWOnity’s Post

🚘 ⚡️ 🔋 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 - InnoTWOnity 𝐩𝐮𝐬𝐡𝐞𝐬 𝐭𝐡𝐞 𝐛𝐮𝐭𝐭𝐨𝐧 𝐢𝐧 𝐜𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐭𝐨 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐭𝐡𝐞 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬! 🔋 ⚡️ 🚘 The electric vehicle (EV) industry is rapidly evolving and several critical aspects play a pivotal role in its success around the globe. 🏛️ 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 & 𝐋𝐞𝐚𝐬𝐢𝐧𝐠: considerations beyond traditional loans are essential, which means (non) captive banks assess the battery’s health and the car residual value. Innovative models such as battery leasing or pay-per-mile plans gain traction. 💎 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞: since adoption grows, insurers adjust their policies to address the unique characteristics of EVs. Factors such as battery replacement costs and repair complexity influence premiums for coverages in motor insurance and warranty insurance. 🔋 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐖𝐚𝐫𝐫𝐚𝐧𝐭𝐲: manufacturers typically cover a specific number of years or miles for the battery, but as technology improves, extended warranty insurance and flexible coverage options become crucial for consumer confidence. 🌳 𝐂𝐢𝐫𝐜𝐮𝐥𝐚𝐫 𝐄𝐜𝐨𝐧𝐨𝐦𝐲: retired batteries minimize waste and maximize resource utilization by finding new roles in energy storage or grid stabilization. Retro-fitting ICEs to EVs within one day is handled by e-REVOLT to contribute to sustainability and less raw material consumption. 🪫 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞: growing this sector relies on a robust regional infrastructure such as public (fast) charging stations and home charging solutions. Governments or private associations invest in expanding networks to enhance convenience and encourage adoption. 🚘 𝐅𝐥𝐞𝐞𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: operators transition to electrified fleets for environmental and economic reasons. Efficient fleet management involves optimizing charging schedules, monitoring battery health and minimizing downtimes. To promote the transition to a cleaner mobility ecosystem, accurate assessments for EVs are required to enable informed decisions for consumers, automotive dealers and financial institutions. InnoTWOnity supports players in this industry to develop forward-thinking solutions. This means continuously adapting to new mobility patterns in terms of demand and exploring untapped business opportunities within this evolving sector. For more information about e-REVOLT, reach out to Sebastian Hunold and Ralf Schollenberger. For more information about InnoTWOnity, please take a look at the website: www.innotwonity.com #ElectricVehicles #Mobility #Travel #Sustainability #MotorInsurance #WarrantyInsurance #BatteryLifeCycle #Transformation #FinancialServices #GreenFleet #Lending #Leasing #Subscription #CASE  Photo credit: Playground AI