Electric vehicles (EVs) are becoming increasingly popular in India, and the government has been promoting the adoption of these vehicles by providing incentives for manufacturing and purchasing. In recent years, three-wheeler commercial EVs, also known as electric gadi or cargo EVs, have gained significant traction, particularly in the logistics and delivery sector. Standalone battery insurance plans for these commercial EVs could be a game-changer for businesses that operate them.

EV battery

Benefits of Standalone Battery Insurance Plans for Commercial EVs:

Many small and medium enterprises (SMEs) are adopting EVs for their logistics needs due to their low maintenance cost and lower operational expenses. However, the cost of replacing a battery can be a significant financial burden for these businesses. With standalone battery insurance plans, SMEs can reduce the risk of unexpected expenses and protect their investment in EVs. In the long run, the cost of replacing multiple batteries for commercial EVs can add up to a significant amount. By investing in battery insurance plans, businesses can ensure that they are protected from unexpected expenses and reduce their financial risk. By investing in battery insurance plans, businesses can mitigate financial risks and safeguard their investment in EVs.

Acko's Partnership with Ola and Ather Energy:

Acko, a digital insurance company, recently partnered with Ola and Ather Energy, two leading players in the Indian EV market, to provide standalone battery insurance plans for commercial EVs. Ola Electric recently announced plans to set up the world's largest two-wheeler manufacturing plant in Tamil Nadu, while Ather Energy is a Bengaluru-based EV manufacturer that produces electric scooters. By partnering with these companies, Acko can leverage their expertise and reach to provide standalone battery insurance plans to a larger audience.

Incentivizing the Adoption of Electric 3-Wheeler Cargo EVs:

The logistics and delivery sector in India plays a crucial role in the country's economy but is also a significant contributor to air pollution, primarily due to the use of gasoline-powered vehicles. To address this issue and promote a cleaner environment, it is essential to encourage the adoption of commercial electric vehicles (EVs) within the sector.

The Indian government has recognized the importance of transitioning to EVs and has taken various initiatives to incentivize their manufacturing and purchase. In January 2021, the Ministry of Road Transport and Highways introduced a new policy that offers a subsidy of up to 40% for electric three-wheelers. This policy aims to make EVs more accessible and affordable for businesses operating in the logistics and delivery sector.

To further support the government's push towards a sustainable future and promote the adoption of commercial EVs, insurance companies can play a vital role by offering standalone battery insurance plans specifically tailored for these vehicles. Battery insurance plans would provide coverage for the expensive battery packs that power EVs, addressing a significant concern for potential buyers.

By offering standalone battery insurance plans, insurance companies can provide an additional layer of financial security to businesses investing in commercial EVs. This incentive would mitigate concerns regarding the longevity, reliability, and potential high costs associated with battery replacement. Such insurance plans would cover damages, theft, and other risks related to the battery pack, offering peace of mind to EV owners and operators.

Moreover, insurance companies can customize these plans to suit the specific needs and requirements of commercial EV users. This customization could include flexible premium options, extended coverage for battery performance degradation, and comprehensive support for charging infrastructure emergencies.

By incentivizing the adoption of commercial EVs through battery insurance plans, insurance companies would contribute to reducing the sector's carbon footprint and supporting a cleaner environment. The promotion of sustainable transportation options aligns with the government's efforts and encourages businesses to embrace electric mobility solutions. The increased adoption of EVs would help reduce air pollution, greenhouse gas emissions, and dependence on fossil fuels in the logistics and delivery sector.

Overall, the integration of standalone battery insurance plans for commercial EVs would complement the government's push towards sustainability, provide financial security to EV owners, and facilitate the transition to a greener and cleaner future for the logistics and delivery sector in India.


Standalone battery insurance plans for commercial EVs can be a game-changer in promoting the adoption of EVs in India. By providing protection against unexpected battery-related expenses, insurance companies can incentivize businesses to switch to EVs and support the government's push towards a more sustainable future. As the adoption of commercial EVs continues to grow in India, it is crucial for insurance companies to innovate and provide solutions that cater to the unique needs of businesses.

If you wish to purchase an Electric Gadi, Turno helps you to make an informed decision by assisting you at every step of buying the vehicle. Contact now for exclusive benefits and offers.

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