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2019 Small, Task-Oriented Vehicles Study
Lithium battery power is the foundation that underpins the entire vision of efficient, pollution-free personal and urban mobility. Along with increasingly more efficient and less costly permanent magnet motors, the potential for transforming the mobility market is as great as what occurred at the turn of the 20th century with the introduction of the internal combustion engine…more
Three-wheeled PTVs Progressing
Arcimoto and ElectraMeccanica recently reported progress in bringing their three-wheeled electric vehicles to commercial success. The Fun Utility Vehicle (FUV) from Arcimoto and the SOLO from ElectraMeccanica could potentially make inroads into the PTV market now dominated by golf car manufacturers.
SOLO Begins Production
SOLO EV production line.
... more
Can-Am Q2 Earnings
The new Maverick X3 X rs Turbo RR is one of several 2020 Maverick models that are powered by the new 195 hp Turbo RR engine.
Can-Am recently reported their earnings for Q2 fiscal year 2021. North American retail sales were stronger than expected across all categories given the COVID pandemic. Management reported revenues of $1,233.3 million, a decrease of $226.2 million ... more
Polaris Q2 2020 Earnings
Four-passenger UTVs like the Polaris General 4 1000 helped drive retail sales despite the pandemic.
Polaris Q2 2020 Earnings summary
Polaris recently reported their financial results for fiscal year 2020 2nd quarter and they were better than expected. The company reported sales of $1.512 billion for the quarter, a decrease of 15% year over year. Adjusted ... more
2020 Small Task-Oriented Vehicle Study
Club Car Onward 4-passenger lifted PTV
In a new market study on the small task-oriented vehicle (STOV) market in the US and Canada, Small Vehicle Resource (SVR), LLC describes an industry in midstream transition as:
Climate policies, COVID-19 effects and new technologies usher in the urban/suburban mobility market and underpin an expanding ... more
Honda UTV Recall Includes Talons
The Honda Talon 1000X is part of the recall.
Honda UTV Recall Summary
Honda announced a large recall of about 25,000 vehicles including model year 2019 and 2020 Pioneer and Talon utility vehicles . The Honda UTV recall involves both three and five passenger Pioneer UTVs as well as two and four passenger Talon UTVs. The vehicles can move or roll ... more
Garia Recall: Golf & Courtesy EVs
The Garia Golf 2+2 is part of a recall due to a bad fuse.
Garia recently announced a recall of approximately 1,000 Garia Golf and Courtesy electric vehicles. A fuse can overheat while the vehicle is charging and can cause a fire. The recall involves model year 2010 to 2019 Golf, Golf 2+2, Courtesy 4 and Courtesy 4+2 vehicles. Owners should immediately ... more
Multiple Polaris Recalls
Models like the Polaris Ranger XP 1000 that helped drive sales is part of a large recall.
In April Polaris announced three recalls, two involving Ranger XP 1000 utility vehicles and one related to the PRO XD and several Ranger models. The largest recall covers 80,000 model year 2018 to 2020 Ranger XP 1000 and Crew XP 1000 utility vehicles. The clutch belt can break ... more
Massive Kawasaki Mule Recall
The Kawasaki 2020 Mule PRO-DXT is part of a large 80,000 vehicle recall.
Kawasaki Mule Recall Summary
Kawasaki recently announced two large recalls of their Mule utility vehicles. The recalls of 80,000 and 72,000 vehicles are for separate issues but there is a large overlap among the model years and Mule models affected. The first recall involves excessive ... more
Polaris Covid-19 Response
Sales of the new PRO XD 400D AWD from Polaris Commercial is likely feeling the effects of the Covid-19 crisis.
Polaris Covid-19: Operations & Dealer Response
The Polaris Covid-19 response is wide ranging and impactful. The management is suspending operations at eight plants across the United States, Mexico and Poland for a week. As part of the ... more
BRP Earnings Call: Q4 2020
New product introductions like the Can-Am Defender 6x6 DPS has helped BRP grow their side-by-side market share.
The BRP earnings call for Q4 and the full year for FY2020 revealed continued strong growth. Annual revenue increased 15% to $6,053 million (CA$) primarily driven by shipments of Year-Round products which includes side-by-sides. Net income increased ... more
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