Results for tag: "Personal Electric Vehicle"

The Personal Electric Vehicle (PEV) market is a subset of the larger Electric and Hybrid Vehicle (EHV) market. PEVs are typically smaller, lighter, and more affordable than other EHVs, making them ideal for personal transportation. They are powered by rechargeable batteries and typically have a range of up to 25 miles. PEVs are typically classified as either low-speed vehicles (LSVs) or neighborhood electric vehicles (NEVs). LSVs are limited to a maximum speed of 25 mph, while NEVs can reach speeds of up to 35 mph. PEVs are becoming increasingly popular due to their convenience, affordability, and environmental benefits. They are often used for commuting, running errands, and recreational activities. Some companies in the PEV market include Segway, Govecs, and Inokim. Segway produces a range of personal transportation devices, including electric scooters and skateboards. Govecs manufactures electric scooters and mopeds. Inokim produces electric scooters, skateboards, and bicycles. Show Less Read more