Low Speed EVs Being Produced in China at Amazing Rates

Low Speed EVs Being Produced in China at Amazing Rates

In the US, low-speed electric vehicles were once mildly popular, but with the rise of real electric automobiles, the low-speeder has lost its luster.

The same isn't true in China.

Though China may not yet embrace the real electric automobile, the low-speed variety is really catching on.

In Shandong Province alone, some 128,000 low-speed electric were produced in 2012.  Even more amazingly, 125,000 of those have been sold.

20 "automakers" produce these low-speed electric in Shandong, which is now considered to be the "low speed electric vehicle test zone," according to China Car Times.

Why the intense focus on low-speed electrics?  Cost and price.  These automakers can produce the low-speed EVs for next to nothing, especially since they're outside of regulations and don't require safety equipment.  The consumer can then buy these low-speeders on the cheap (like for 1/10th the price of a real EV).

The other reason for the rising popularity of low-speed electric is that you can drive them without a license and that they don't require insurance.

Low-speed electrics aren't likely to have a second coming in the US, but in other parts of the world, the low-speeder will surely dominate for years to come.

Source: China Car Times