The Eli Zero is a high-tech compact electric vehicle that is designed specifically for short rides around urban environments.
Set to be available for a price between $9,900 and $10,900, this compact electric vehicle has enough room for two people and a small amount of cargo, and can hit a top speed of 40 km/h, which is why it is not designed to be used on highways. However, the vehicle does have a range of 89 km, which is more than sufficient for urban use.
While it feels like the electric vehicle market hasn't been around for very long, the fact of the matter is that sub-sectors of this market have already begun to emerge, one of which is the neighborhood electric vehicle or NEV segment. The Eli Zero is squarely targeted towards the NEV market, which prioritizes low cost, lower speeds and urban convenience.
Compact Electric Vehicles
The Eli Zero is Perfect For Short-Distance Rides Around the Neighborhood
Trend Themes
1. Compact Electric Vehicles - These vehicles offer an alternative mode of transportation for short rides around urban environments.
2. Neighborhood Electric Vehicles (NEV) - NEVs are emerging as a sub-sector in the electric vehicle market, prioritizing low cost, lower speeds, and urban convenience.
3. High-tech Electric Vehicles - With advanced technology features, high-tech electric vehicles like the Eli Zero are disrupting the traditional automotive industry.
Industry Implications
1. Automotive Industry - The automotive industry can benefit from embracing compact electric vehicles as a disruptive innovation to cater to urban transportation needs.
2. Shared Mobility Services - Compact electric vehicles provide opportunities for shared mobility services to offer sustainable short-distance transportation solutions in urban areas.
3. Smart City Technology - Compact electric vehicles are contributing to the advancement of smart city technology by providing eco-friendly and efficient transportation options.