Concept

Neighborhood Electric Vehicle

Summary
A Neighborhood Electric Vehicle (NEV) is a U.S. category for battery electric vehicles that are usually built to have a top speed of , and have a maximum loaded weight of . Depending on the particular laws of the state, they are legally limited to roads with posted speed limits of or less (in some states 45 mph or less). NEVs fall under the United States Department of Transportation classification for low-speed vehicles. The non-electric version of the neighborhood electric vehicle is the motorized quadricycle. A NEV battery pack recharges by plugging into a standard outlet and because it is an all-electric vehicle it does not produce tailpipe emissions. If recharged from clean energy sources such as solar or wind power, NEVs do not produce greenhouse gas emissions after manufacture. In the state of California NEVs are classified by the California Air Resources Board (CARB) as zero-emissions vehicles (ZEV) and are eligible for a purchase rebate of up to $1,500 if purchased or leased on or after March 15, 2010. the GEM neighborhood electric vehicle was the market leader in North America, with global sales of more than 50,000 units since 1998. Another top selling NEV is the Renault Twizy, launched in March 2012, it was the top-selling plug-in electric vehicle in Europe during 2012, and the heavy quadricycle has sold almost 22,000 units through December 2018. Sales of low-speed small electric cars (LSEVs) experienced considerable growth in China between 2012 and 2015 due to their affordability and flexibility. A total of 200,000 low-speed small electric cars were sold in China in 2013, most of which are powered by lead-acid batteries. In 2015, sales rose to 750,000 units, and to 1.2 million in 2016. , the stock of LSEVs was estimated to be between 3 million and 4 million units. About 1.4 million low-speed electric vehicles were sold in 2018. Low-speed vehicle is a federally approved street-legal vehicle classification which came into existence in 1998 under Federal Motor Vehicle Safety Standard 500 (FMVSS 500).
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