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Frost & Sullivan Asia Pacific NEV Report

Posted Fri, 2011/07/08 - 4:45pm

A new report from Frost & Sullivan, Strategic Analysis of Asia Pacific Market for Neighborhood Electric , projects that China and India will be the leading sources for NEVs in 2016, accounting for over 50% of global production.  The market is currently dominated by Chinese and other Asian Pacific OEMs who largely export the vehicles to the US and Europe. According to the report, production of NEVs from the region is expected to grow to 116,900 units in 2016, representing a compounded annual growth rate of 39% since 2009.

Worldwide Forecast For NEVs

Posted Thu, 2011/06/23 - 11:20am

Worldwide NEV Market

Worldwide NEV Market Forecast

GEM’s Fargo Plant To Close

Posted Thu, 2011/06/16 - 11:13am

Polaris Industries, which recently acquired Global Electric Motorcars, will be closing GEM’s manufacturing facility and offices by the end of the year.  GEM’s operations will be integrated into Polaris’ Spirit Lake, IA manufacturing plant, product development facilities in Wyoming and corporate headquarters in Medina, MN.  Some of the 80 people now employed at the Fargo location have been offered jobs at these new locations.  Learn more:  Startribune.com

Polaris News

Posted Tue, 2011/06/14 - 11:25am

Australian Market – Polaris introduced their Ranger Diesel utility vehicle in the Australian market not too long ago.  Reports are that New Zealand and the Australian outback serve as a testing ground for some of the companies vehicle prototypes.  International sales have been a significant growth area for Polaris UTVs and other vehicles as well.

Rinspeed BamBoo Concept Electric Vehicle

Posted Fri, 2011/06/10 - 11:50am

Rinspeed Bamboo Concept Vehicle

BamBoo Concept Electric Vehicle From Rinspeed

An auto tuning company, Rinspeed, debuted their BamBoo Concept Electric Vehicle at the recent Geneva Motor Show.  The European-based company was showcasing technologies for the NEV market.  The BamBoo features…

Gas Prices Driving Municipalities To Electric UTVs?

Posted Tue, 2011/06/07 - 11:48am

Some recent news stories point to the impact of gas prices on the STOV market as local governments try to reduce fuel costs by turning to electric vehicles.  In some cases capital expenditures are reduced as well when these vehicles replace pickup trucks or highway capable cars.  The cost effectiveness of these vehicles, in part, explains why the UTV market is significantly outpacing growth in the overall US economy.

What’s Cooking On The STOV

Posted Tue, 2011/06/07 - 11:16am

Highlighting some of the many applications for small, task-oriented vehicles

GreenGo Tek Electric Wins South Carolina EV Contract

Posted Sat, 2011/06/04 - 1:50am

GreenGo Tek's Electric Van

GreenGo Tek Electric of Michigan has won a contract to supply the state of South Carolina with ten all electric vans.  The E-Dyne passenger vans are LSVs.  The contract could potentially include the purchase of ten additional vans in an optional second year.

China Targeting Low speed Vehicles?

Posted Wed, 2011/06/01 - 2:06am

According to one analysis, China will reach their 2020 goal of being the largest manufacturer of electric vehicles in part by focusing on low speed vehicles.  The author states that the Chinese government believes this will help them develop expertise for highway capable electric passenger vehicles. This reasoning is disputed in the analysis and I would agree.

Kandi Technologies Coco Sales Figures Questioned

Posted Fri, 2011/05/06 - 1:58am

A recent article by Sharesleuth raises questions about the veracity of Kandi Technologies sales figures of their Coco electric vehicle.  Sharesleuth compared the overall Coco sales figure of over 3,700 to what they could piece together from calling the limited number of dealers in the US.  Their figures point to less than 1,000 vehicles sold in the US, a main Coco market.  Other figures that raise doubts include:

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