Neighborhood Electric Vehicles (NEV), or low-speed vehicle (LSV), are compact, one to four-passenger vehicles powered by rechargeable batteries and electric motors. They have been recognized by the National Highway Traffic Safety Administration (NHTSA) as a form of transportation since 1998. Over 45 states allow these vehicles to be driven on roads with posted speed limits of 35 miles per hour or lower.
"There were 478,771 NEVs on the road in 2011 [globally]" (Executive Summary: Neighborhood Electric Vehicles)
"The United States had 14,737 NEV sales in 2011" (Executive Summary: Neighborhood Electric Vehicles)
"43 U.S. states have laws allowing NEVs statewide" (Executive Summary: Neighborhood Electric Vehicles)
"The fleet market makes up about 70% of the global NEV marketplace" (Executive Summary: Neighborhood Electric Vehicles)
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- Austin Energy offers rebates up to $300 for e-bikes, two-wheel electric vehicles Oct. 26, 2012 - They are starting to become a visible part of Austin roadways, following you on the way to work down neighborhood streets and scooting past you in downtown traffic. Austin Energy is recognizing the popularity and growth in the use of two-wheel electric vehicles by offering...
- Report 2011: Executive Summary: Neighborhood Electric Vehicles - 2011 Executive Summary: Neighborhood Electric Vehicles, Pike Research - 2011