Low-Speed Electric Vehicles for Consumer and Fleet Markets: Demand Drivers and Barriers, Technology Issues, Key Industry Players, and Market ForecastsNeighborhood electric vehicles (NEVs) were one of the original 'electric vehicle' categories and have been on the market for a number of years. NEVs are street legal with a top speed of 25 miles per hour. Originally conceived as a way to fulfill the California Air Resources Board zero emissions requirements in the late 1990s, the vehicles have found a niche with fleets that can use inexpensive vehicles on public roads, and consumers who live in communities that often have designated paths and parking for the vehicles.NEVs remain competitive and relevant in today's market by utilizing lead acid battery technology, allowing them to compete at less than half the cost of light duty electric vehicles. Pike Research's analysis indicates that the global market for NEVs is currently small, but will grow at a healthy pace over the next several years.This Pike Research report provides a comprehensive examination of the market forces, technology issues, governmental incentives and regulations, and key drivers of the growth of neighborhood electric vehicles. The report includes sales, revenue, and battery forecasts through 2017, as well as profiles of key industry players.Key Questions Addressed:-How are neighborhood electric vehicles (NEVs) defined'-How do NEVs differ from golf carts and light duty vehicles'-Who are the typical customers of neighborhood electric vehicles'-How large is the fleet market for NEVs'-How important are urban planning issues to the NEV market'-What are typical prices of NEVs'-How important are government purchase incentives for the NEV market'-What types of batteries are used in the vehicles'-What the cost breakdowns for major components in NEVs'-Who are the major manufacturers of these vehicles'-How large is the NEV market'-Where are the biggest opportunities for NEV sales'Who needs this report'-OEM marketing managers-OEM product planners-Battery manufacturers-Electric motor manufacturers-Government agencies-Industry associations-Fleet managers-Utilities

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Neighborhood Electric Vehicles
Published on June 2011
Report Summary
Low-Speed Electric Vehicles for Consumer and Fleet Markets: Demand Drivers and Barriers, Technology Issues, Key
Industry Players, and Market Forecasts
Neighborhood electric vehicles (NEVs) were one of the original 'electric vehicle' categories and have been on the market for a number
of years. NEVs are street legal with a top speed of 25 miles per hour. Originally conceived as a way to fulfill the California Air
Resources Board zero emissions requirements in the late 1990s, the vehicles have found a niche with fleets that can use inexpensive
vehicles on public roads, and consumers who live in communities that often have designated paths and parking for the vehicles.
NEVs remain competitive and relevant in today's market by utilizing lead acid battery technology, allowing them to compete at less
than half the cost of light duty electric vehicles. Pike Research's analysis indicates that the global market for NEVs is currently small,
but will grow at a healthy pace over the next several years.
This Pike Research report provides a comprehensive examination of the market forces, technology issues, governmental incentives
and regulations, and key drivers of the growth of neighborhood electric vehicles. The report includes sales, revenue, and battery
forecasts through 2017, as well as profiles of key industry players.
Key Questions Addressed:
-How are neighborhood electric vehicles (NEVs) defined'
-How do NEVs differ from golf carts and light duty vehicles'
-Who are the typical customers of neighborhood electric vehicles'
-How large is the fleet market for NEVs'
-How important are urban planning issues to the NEV market'
-What are typical prices of NEVs'
-How important are government purchase incentives for the NEV market'
-What types of batteries are used in the vehicles'
-What the cost breakdowns for major components in NEVs'
-Who are the major manufacturers of these vehicles'
-How large is the NEV market'
-Where are the biggest opportunities for NEV sales'
Who needs this report'
-OEM marketing managers
-OEM product planners
-Battery manufacturers
-Electric motor manufacturers
-Government agencies
-Industry associations
-Fleet managers
-Utilities
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Table of Content
Table of Contents
1. Executive Summary
1.1 Market Issues
1.2 NEV Technology Issues
1.3 NEV Market Forecasts
2. Market Issues
2.1 Definition
2.1.1 North America
2.1.2 Europe
2.1.3 Asia Pacific
2.2 Market History
2.3 Business Model of NEV Manufacturers
2.4 Current Market Opportunities
2.4.1 NEV Usage by Fleets
2.4.2 NEV Usage by Private Consumers
2.4.3 Urban Planning and NEVs
2.4.3.1 Master Planned Communities
2.4.4 Government Incentives
2.4.5 Export Markets
2.5 Current Market Barriers
2.5.1 Limited Road Access
2.5.2 Competition from Other Classes of Vehicles
2.6 Safety Concerns
3. Technology Issues
3.1 Battery Technology
3.1.1 Lead-Acid
3.1.1.1 Flooded or Wet Lead-Acid
3.1.1.2 Gelled Lead-Acid
3.1.1.3 Absorbed Glass Mat Lead-Acid
3.1.2 Other Battery Chemistry Technology
3.2 Electric Motors
3.3 Battery Charging
4. Key Industry Players
4.1 Original Equipment Manufacturers
4.1.1 Aixam-Mega
4.1.2 Automobiles Ligier
4.1.3 B.I.G. MAN Electric Vehicles, LLC
4.1.4 Chrysler Group Global Electric Motorcars, Inc. (GEM)
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4.1.5 Club Car, LLC
4.1.6 Columbia ParCar Corp.
4.1.7 CT&T Co.
4.1.8 Electric Vehicle Engineering (Fairplay Electric Vehicles, LLC)
4.1.9 E-Ride Industries
4.1.10 E-Z-Go (Textron, Inc.)
4.1.11 Hi Performance Electric Vehicle Systems, Inc.
4.1.12 Mahindra Reva Electric Vehicles Pvt. Ltd.
4.1.13 Miles Electric Vehicles, LLC
4.1.14 Polaris Industries Inc.
4.1.15 Tazzari GL S.p.a.
4.1.16 Tomberlin
4.1.17 Vantage Vehicle International Inc.
4.1.18 Wheego Electric Cars
4.1.19 ZAP-Jonway
4.1.20 ZENN
4.2 Suppliers
4.2.1 Curtis Instruments, Inc.
4.2.2 East Penn Manufacturing
4.2.3 Fullriver Battery Manufacturing Co., Ltd.
4.2.4 General Electric
4.2.5 Trojan Battery Company
4.2.6 Tudor India Ltd.
4.2.7 U.S. Battery Corp.
5. Market Forecasts
5.1 Global Neighborhood (Low-Speed) Electric Vehicle Sales
5.1.1 Americas
5.1.2 Europe
5.1.3 Other Regions
5.2 Global Low-Speed Electric Vehicle Fleet Sales
5.3 Market Value of NEVs
5.4 Selected OEM Market Share
5.5 North American NEV Market by Battery Type
5.6 Summary
6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
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Annual Neighborhood Electric Vehicle Sales by Region, World Markets: 2011-2017
Internal Combustion Engine and Electric-Powered Low-Speed Vehicle Sales, Europe: 2010
Annual Light-Duty and Neighborhood Electric Vehicle Sales, World Markets: 2011-2017
Cumulative Neighborhood Electric Vehicles by Region, World Markets: 2011-2017
Annual Neighborhood Electric Vehicle Sales, Europe: 2011-2017
Cumulative Neighborhood Electric Vehicles, Western Europe: 2011-2017
Annual Neighborhood Electric Vehicle Sales, Asia Pacific, Middle East, Africa: 2011-2017
Mix of Neighborhood Electric Vehicle Sales, World Markets: 2011
Neighborhood Electric Vehicle Net Annual Revenue, World Markets: 2011-2017
Selected OEM Neighborhood Electric Vehicle Market Share, World Markets: 2011-2017
Sales of Neighborhood Electric Vehicles by Battery Type, North America: 2017
Number and Type of Vehicles for Each Niche Market, United States: 2009
U.S. Population Aged 65 and Over: 2000 to 2050
Examples of NEV Infrastructure in Lincoln, California
Number of Alternative Fuel Vehicles (AFVs) and Fuel Displacement by Type, United States: 2009
Evolution of LSVs Involved in an Accident and of the Mortality Rate (1993-2006), France
AGM Battery Diagram
List of Tables
NEV Manufacturer Business Model Advantages and Disadvantages
Typical Ownership Costs of NEVs and LD Vehicles
U.S. NEV Road Use Laws by State
Canadian NEV Road Use Laws
Battery Type Comparison
Chrysler Group Global Electric Motorcars Product Specifications
Average NEV Selling Price, World Markets: 2011
Internal Combustion Engine and Electric Powered Low-Speed Vehicles, Europe: 2010
Annual Neighborhood Electric Vehicle (Low-Speed Electric Vehicle) Total Sales, World Markets: 2011-2017
Growth Rate in Neighborhood Electric Vehicle (Low-Speed Electric Vehicle) Annual Sales, World Markets: 2011-2017
Cumulative Neighborhood Electric Vehicles, World Markets: 2011-2017
Annual Neighborhood Electric Vehicle (Low-Speed Electric Vehicle) Fleet Sales, World Markets: 2011-2017
Percentage of Neighborhood Electric Vehicle Sales Attributable to Fleet Sales, World Markets: 2011-2017
Mix of Neighborhood Electric Vehicle Sales, World Markets: 2011-2017
Neighborhood Electric Vehicle Net Annual Revenue, World Markets: 2011-2017
Annual Sales of Neighborhood Electric Vehicles by Battery Type, North America: 2011-2017
Annual Plug-In Light-Duty Vehicle (PHEV/BEV) Sales, World Markets: 2011-2017
Selected OEM Annual Neighborhood Electric Vehicle Sales, World Markets: 2011-2017
Selected OEM Neighborhood Electric Vehicle Market Share, World Markets: 2011-2017
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