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Growth through acquisition in the small-vehicle industry also requires an eye toward building new markets
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What is clear at this point is that small, electric vehicle developments in the United States and in Europe have taken different paths. In Europe, the emphasis has been on complete vehicle designs—in other words, designing a full vehicular system, from body and frame to powertrain. In the United States and Canada, the process of change has been incremental—essentially upgrading PTVs with permanent magnet motors and lithium batteries. The reality is, however, that there are major opportunities for urban mob
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Shared vehicle fleets will be a natural evolution of ride-sharing in gated communities
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Electric-powered mobility will transform local transportation over the next decade, leaving golf car dealers in a prime position to service new and expanding markets.
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A recurrent theme in these columns has been the evolution of small vehicles and charging systems that could well take place in gated communities and planned municipal communities. Following are some technologies and vehicles leading the way.
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Gated communities could be the ideal laboratory for experimenting with diverse mobility concepts.
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The market for Personal Transportation Vehicles (PTVs), common in gated communities, is growing quite strongly according to a recent report by Small Vehicle Resource. This is expected to continue through 2021. The use of lithium battery powered PTVs is on the rise and gated communities may be a good starting environment for self-driving technology.
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We at SVR see the STOV industry as an industry in transition: First, in the extension of traditional markets with a host of product improvements and upgrades; second, via the introduction and adaptation of radically new technologies that complement solutions to urban congestion and pollution; and third, growing interest by U.S.-based companies in global markets.
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We have witnessed a product evolution for at least two decades that has positioned the golf car-type vehicle for playing a major role in urban transportation solutions.
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PGA Show highlights the potential for artificial intelligence and sensory system applications in upcoming autonomous vehicles
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While hugely successful in asian markets, lack of interest in small, 3-wheeled, task-oriented vehicles in the US shows there is no predominant design that applies to global markets
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I have been writing what has become a series of articles, this being the third or fourth, that in summary are intended to present some ideas for new directions for corporate strategy in the golf car industry. It is quite clear that over the past few years, industry leading companies have diversified their product line, moving progressively from a unique focus on golf cars, to low-speed vehicles (LSVs), to utility and off-road vehicles (UTVs). Thus, it is not altogether appropriate to identify our industry
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Recently I received a McKinsey and Company newsletter which had the provocative title, "An integrated perspective on the future of mobility". Upon reading it I began to ponder the future of what we at Small Vehicle Resource call small, task-oriented vehicles (STOVs). Some of the relevant aspects of the McKinsey piece are reviewed here, but what gets your attention right away in the article are the factors, according to McKinsey, which will shape the future transportation network on a global basis.
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Martex's new Warhorse hybrid electric UTV with ICE range extender points to the rapid evolution of extended range electric vehicles in the 4x4 market
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In all cases, with exception of the golf segment, the market for small vehicles is considerably larger than what we have in the United States. Whether this represents an opportunity for U.S. manufacturers remains to be seen.
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Ford Motor Company made quite a splash at the latest Consumer Electronics Show in Las Vegas, presenting a detailed overview of what the company calls its “Ford Smart Mobility” strategy. A component of this strategy is the development of an autonomous vehicle; that is, a vehicle that drives itself. The concepts developed so far by Ford, and for that matter, many, if not most, of the major automotive manufacturers, seem to me to have implications for the small, task-oriented vehicle (STOV) product and ma
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The utility segment of the small, task-oriented vehicle market should see significant growth, according to the recently published study of the market by Small Vehicle Resource, LLC.
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Long-lasting lithium iron phosphate batteries in electric golf cars from LiV Golf Cars may cause a big shift in fleet operational costs and maintenance.
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Existing EV technology could be rapidly embraced by consumers if the conventional paradigm of one-vehicle-for-all-purposes was changed
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