Company News

Nivel Holdings – At the end of 2009 Nivel Holdings completed their acquisition of Jake’s Carts, a leading provider of lift kits for the golf car market.  The company has become a subsidiary of Nivel Parts.  Learn more:  Golfcarnews.com

Kandi Technologies Corporation –has entered into an alliance with China Potevio/CNOOC New Energy and Power, Ltd. and Tianneng Power International, Ltd with a goal of mass producing electric vehicles. The alliance combines the IT equipment and service of CNOOC, battery production from Tianneng Power International, vehicle production from Kandi as well as governmental support.  Kandi produces the COCO LSV.  Part of vehicle concept focuses on easy battery removal and replacement and battery rentals.  Learn more:  Worldmarketmedia.com

Ameritex – will supply canvas doors for GEM vehicles.  The company is a division of Taylor Made which designs and manufactures windshields.  Ameritex is trying to diversify their business which has suffered from the downturn in the marine industry and is investigating the resort, consumer, recreational vehicle and golf cart industries.
Learn more: Tampabay.bizjournals.com

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