Another Low Speed Ev May Be Hitting the Market
2GreenEnergy.com 12:34 pm on May 9, 2024
**Summary (under 100 words):** 2GreenEnergy.com reports on a new low-speed electric vehicle (LSEV) that's expected to enter the market, with investors supporting production plans. Despite past enthusiasm for LSEVs since 2004, challenges persist, potentially offering neighborhood transportation options. **HTML Summary Bullet Points:**
- LSEV Market Reentry: An upcoming low-speed electric vehicle (LSEV) is anticipated to debut after successful fundraising.
- Investment Backing: The initiative has secured enough capital from investors for production commencement.
- Niche Appeal: Designed as a neighborhood transportation solution, it caters to less mobile or impatient individuals within their local vicinity.
- Historical Context: The LSEV concept has been considered since 2004 but faced challenges and market skepticism over the years.
- Author Profile: Craig Shields is a notable figure with extensive experience in renewable energy consulting, as evidenced by his authorship of "Renewable Energy Facts & Fantasies."
https://www.2greenenergy.com/2024/05/08/low-speed-ev/