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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.
The best used electric cars in 2024. Best for city driving – BMW i3: From £6,000, BMW.co.uk. Best for families – Kia Niro EV: From £11,000, Kia.com.
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 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.
The U.S. government wants half of all new car sales to be electric by 2030, according to Yahoo Finance, but consumers don’t seem as optimistic.. Rachel Cruze: 10 Used Cars Under $10K That Are ...
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