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Global Electric Motorcars (GEM) is an American automotive manufacturer specializing in neighborhood electric vehicles (NEVs) since 1998 and low-speed vehicles (LSVs) since 2001. By October 2015 [1] the company had sold over 50,000 GEM Battery electric vehicles worldwide. Originally owned by Chrysler, GEM was acquired by Polaris Inc. in 2011.
As of 2016, the market of used plug-in electric cars is concentrated in California, the state with the biggest pool of used plug-in vehicles, especially all-electrics, followed by Colorado, Florida, Georgia, New York, Oregon and Texas. With the exception of used Teslas, all models depreciate more rapidly than conventionally powered cars and trucks.
These electric vehicles not considered by the government as new energy vehicles due to safety and environmental concerns, and consequently, do not enjoy the same purchase benefits as highway legal plug-in electric cars. [9] In 2015, sales of low-speed small electric passenger vehicles in China totaled 750,000 units, and 1.2 million in 2016. [10]
Pricing for new electric vehicles can be daunting for many shoppers. There’s also a further incentive to purchase a used EV that costs less than $25,000 thanks to an available federal tax credit ...
As dealers sell more new electric vehicles, more EVs wind up on the used-car market. Here are the models that secondhand buyers have been snapping up. The Most Popular Used Electric Vehicles of 2021
GE Capital to Finance Commercial Purchases of Global Electric Motorcars (GEM®) Expands 25+ year relationship with GEM parent Polaris IRVING, Texas--(BUSINESS WIRE)-- GE Capital's Equipment ...
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