Utility Vehicle Market Segment Highlight: Ruralpolitans

A recent story in the Wall Street Journal focuses on a back to the country movement by “ruralpolitans”, people moving from cities and towns into more rural areas.  The ruralpolitans can be split into three groups:  young people buying land as an asset or investment,  exurban commuters hoping to escape sprawl; and back-to-the-land types, sometimes referred to as hobby farmers.  The trend is being driven by both the old and young.  Baby boomers are the biggest driver but 20 and 30 somethings whose less tangible investments took a hit in the recession are also a force.

The ruralpolitan trend is impacting not only rural real estate markets but ancillary markets like utility vehicles.  Manufacturers are taking notice and responding to this growing segment.

Manufacturers also are tweaking seats and designs to suit this new generation of first-time users, including females. “We took a lot of women out on tests to make sure the vehicles are still badass for guys but comfortable enough for a woman to drive every day,” says Aaron Hanlon, product manager for Cub Cadet Utility Vehicles, a brand of MTD Products Inc. Polaris Industries Inc., known for its powerful off-road utility vehicles, this month is rolling out its first low-maintenance, eco-model: an all battery-powered ride called the Ranger EV.

Learn more:  WSJOnline.com


CT&T Still Looking For Plant Sites

Korean neighborhood electric vehicle manufacturer CT&T is still looking for plant sites in the Pittsburgh and Philadelphia areas.  The company plans to open 30 to 40 sales and assembly locations throughout the US eventually but has not yet broken ground on the first one.  Previously the company had announced orders for 4,000 of their vehicles for California police departments and another 27,000 bound for the US in the short term. Learn more:  PittsburghLive.com

Comment: It remains to be seen if these various plans and vehicle sales come to fruition.  I recently checked the SEC filings of T3 Motion, the exclusive distributor for CT&T vehicles for the security market segment, and their most recent quarterly findings indicated no significant revenue from CT&T vehicles.  I followed up with a phone call to T3 Motion’s CEO and founder Ki Nam.  He confirmed that there have been no significant vehicle sales and that they have received only a small number of vehicles.  They are currently working with CT&T to make some vehicle modifications to better meet the needs of the security market customer. – Marc Cesare

Utility Vehicle Review From The UK

Farmers Weekly Interactive from the UK recently tested and reviewed five utility vehicles including  the Massey Ferguson 20MD, Kawasaki Mule 4010 Trans 4×4, Kubota RTV 900, John Deere Gator XUV 850D and JCB Groundhog 4×4.  The article includes a video of some of the vehicles undergoing testing.  Learn more:  FWI.co.uk

Efficiency & Renewable Energy Goals Drive LSV Sales

A recent story about the energy plans of a Wisconsin town highlight a continuing trend in the STOV market.  Whether it is municipalities, universities or federal agencies, the drive to more efficiently use energy and/or be more “green” is increasing the demand for electric powered low speed vehicles.  In this case, the replacement of fleet vehicles with NEVs is one of a number of initiatives that the town of Oconomowoc is using to reduce their energy consumption.  Learn more:  istockanalyst.com