Another Low-Speed EV
In the 14 years I’ve been covering electric transportation, I’ve seen the announcement of many dozens of low-speed EVs, every one of which has failed to gain any real traction in the market. Manufacturers of cars that don’t pass highway safety standards must limit their vehicles’ speed to such an extent that they are truly inconvenient, and even dangerous, to drive on open roads.
As suggested in the photo here, this does not prevent charlatans from raising capital from uniformed investors.