Major Insurer Converts Fleet of 900 to Electric Vehicles

Published on September 10, 2024

Insurance Australia Group (IAG) will transition its fleet of more than 900 vehicles to electric and hybrid models by the end of the 2030 financial year. The multinational insurance company, listed on the Australian Stock Exchange (ASX), is aiming to become a net zero insurer by 2050. The company will install domestic electric vehicle (EV) chargers into the homes of all employees who use an EV for work. The move follows a one year trial where the company tested and validated EVs in regional areas and cities where it identified charging infrastructure access as a barrier to ownership. IAG has already introduced 110 low-emission vehicles into its fleet....

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