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The way forward for cars is greater than just replacing gas engines with batteries. If you look around, most individuals still drive gas-powered vehicles. Of the roughly 15.6 million latest cars sold annually in the U.S. in 2023, just 1.2 million of them will likely be electric vehicles. Lower-emission electric vehicles could also be preferred, but so far few others have urged people to change.
Enter the micro-electric market, a $470 billion market where cars are not only low-emission, but also rigorously designed to eliminate unnecessary congestion caused by bulky vehicles in cities. Eli electric vehiclespioneer in micro-electric vehicles, now has a flagship vehicle that is 70% smaller than a traditional sedan.
Here’s why this is probably the way forward for urban mobility how investors can make the most of them.
Growing demand for micro-EVs.
Most people do not understand how bad traditional cars are for most city trips. These journeys are typically lower than 10 miles, and urban populations are only growing, creating more traffic jams and perpetuating the climate crisis.
With the iconic Eli ZEROEli is poised to develop into a trendsetter in the United States after selling lots of of vehicles in Italy, the Netherlands, Portugal, Estonia and French Polynesia. The company even supplied Avis’s rental fleet in Bora Bora.
But to actually understand why micro-EVs are the way forward for urban transportation, it is vital to know what makes them such a unique strategy to travel.
Why micro-EVs are a separate category.
Make no mistake: micro-EVs are intended to be more economical than the cube cars you sometimes see on the road, and they are definitely greater than street-legal golf carts. They are a completely unique class of car designed for minimal size, maximum comfort, range and mass use at a low price.
Eli ZERO was specially designed by architect Marcus Li (Eli, CEO), who recognized the huge shortcomings in the design of the vehicles we are talking about today. It highlights the potential of micro-EVs to boost our on a regular basis journeys by combining extreme practicality with contemporary style – hence Eli ZERO wins the iF DESIGN AWARD in 2021.
The combination of convenience and aesthetics of micro-EVs makes a strong case for future adoption of EVs as urban populations grow. Electric microcars will play a key role in this adoption.
They allow for higher use of urban space, shortening travel and parking time, reducing stress and noise, and increasing energy efficiency. Smaller size and smaller batteries result in reduced lithium and energy requirements, and require fewer materials and components. Small vehicles also enable significant savings on each day commuting and an overall improvement in quality of life.
A fantastic opportunity to speculate in microEVs.
This trend is at a turning point and here you go time-limited opportunity join an industry pioneer through private investment.
The opportunity to speculate in Eli couldn’t have come at a higher time – with the advent of microEVs, a virtually untapped market, and Eli says it’s ready to fulfill the demand. According to the company, the latest production plant can produce greater than 4,000 vehicles per yr on each assembly line. Now they are preparing to expand into the lucrative US market this yr. If their European sales rate is anything to go by, demand in US cities might be even greater because it represents the world’s largest addressable market.
With over $4 million in equity crowdfunding from over 3,000 investors, Eli says it has what it takes to succeed as a global leader in electric microcars. Learn more about how you’ll be able to develop into an Eli shareholder today.
Disclosure: This is a paid commercial for Eli Electric Vehicles’ CF regulatory offering. Please see the offer circular at invest.eli.world.