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Golf carts are no longer just for cruising the country club. In fact, these days, they’re more commonly found zipping through neighborhood streets or joy-riding around beach communities. These smaller, more efficient alternatives to traditional cars might just be a good choice for your ‘second car’, believe it or not.

Thanks to US golf cart maker E-Z-GO, which partnered with National Calendar Day to help establish National Golf Cart Day in celebration of the brand’s 70th anniversary, we can now all celebrate these pint-sized car replacements with their own holiday.

Once powered by polluting combustion engines, these days, most golf carts use quiet and emissions-free electric motors, charging up their batteries for mere pennies and offering plenty of around-the-town range. Several manufacturers have also created street-legal versions of their golf carts, usually signified with “LSV” in the name (for the Low-Speed Vehicle designation), which can be legally driven on most public roads posted with speed limits of 35 mph (56 m/h) or lower.

Here are 10 compelling reasons why golf carts might just be the better choice for your local transportation needs.

1. Eco-friendly transportation

Electric golf carts produce zero emissions during use, making them an environmentally friendly option. They also use less materials, produce less tire particulates, and generally score higher on just about every environmental metric, even compared to electric vehicles. Ultimately though, these ARE electric vehicles, they just aren’t $50,000 Teslas.

And with many golf carts available for a small fraction of the cost of a new electric car, this is one of the most cost-effective ways to get into a four-wheeled electric vehicle. This is especially true for those who choose not to ride an e-bike or must carry several children or other passengers.

2. Cost-effective operation

Golf carts are significantly cheaper to operate than cars. The cost of electricity for charging an electric golf cart is much lower than the price of gasoline. A typical 5-7 kWh golf cart battery can be charged for less than one dollar in most states.

Additionally, golf carts require significantly less maintenance, which translates into major savings on repairs and upkeep.

While most golf carts aren’t cheap, usually between US $8,000 to $12,000 depending on luxury features, they’re still much more affordable than a new car. Buying used can help lower costs, but there are also interesting new additions to the market such as the Kandi Mini golf cart, priced at just US $3,999. I’m currently testing that model, seen below towing my kayak to the lake.

3. Ease of parking

One of the biggest advantages of golf carts is their compact size, which makes parking a breeze. You can easily maneuver and park golf carts in tight spaces, avoiding the frustration of finding a large parking spot for a car.

My parents live just a few miles from a golf cart-friendly community (we’re talking about homes with an extra half-sized garage door so people can park their golf carts in the garage too). When I visit them, I regularly see golf carts from the nearby community at the local stores, often parked in areas where cars wouldn’t be able to fit, or sharing parking spaces with each other.

4. Ideal for short distances

Golf carts are perfect for short-distance travel, such as going to the local market, visiting friends in the neighborhood, or commuting within a residential area. They usually have battery ranges of dozens of miles, not hundreds, meaning they would be plenty for around-the-town trips, but the smaller batteries than traditional electric cars help save significant costs.

Their design is also optimized for low-speed travel, ensuring safe and comfortable rides for short trips. The low speed might put a limit on which roads they can take, but of course no one wants to take a golf cart on high-speed roads anyway due to the open-body design.

Another trend I’m seeing more often in the US is parents waiting in their cars at school bus stops. These parents often idle their engines while they wait to pick up their child and then drive them two minutes through the neighborhood back home. If you’re going to be a helicopter parent, or are overly worried about Timmy getting snatched in their own neighborhood, at least you could do it while driving a smaller and more fuel-efficient vehicle like a golf cart.

GEM electric microcar

5. Lower speed, higher safety (seriously)

I know, I know. Most people will inherently assume that golf carts are “less safe.” But that’s not the case. Sure, they aren’t going to do as well as a Model 3 in a front crash test. But they also likely won’t be in a position where they need to perform like a Model 3.

With lower maximum speeds, golf carts are inherently safer for local travel on smaller roads where they’ll be mixing it up with less traffic. The reduced speed limits the risk of serious accidents, making them a safer option for transporting children and elderly passengers.

In fact, many studies have shown that all cars would be safer if speed limits were simply reduced in cities. Speed is the real killer. So while I wouldn’t want to go into a head-on collision with a semi while driving a golf cart, I’m also not likely ever going to be in a position where that would happen.

6. Quiet operation

Golf carts operate quietly compared to the louder engines of cars. This is particularly beneficial in residential areas where noise pollution can be a concern. The quiet operation of golf carts ensures a peaceful environment for you and your neighbors. Even the smaller wheels and tires result in less noise than a full-sized electric car’s tire roar.

This is another reason why they are so popular in beach towns and island communities. In addition to avoiding traditional forms of pollution, they also reduce the sound pollution of larger vehicular traffic.

7. Reduced insurance costs

Insurance for golf carts is typically much cheaper than for cars. Since they are primarily used for low-speed, local travel, the risk associated with golf carts is lower, leading to more affordable insurance premiums.

Theft premiums are also usually lower. If a golf cart ever has damage, the cost to repair is usually much lower than for “real” cars.

8. Convenience and accessibility

Golf carts are easy to get in and out of, making them highly accessible for people of all ages, including those with mobility issues. The open design and lower step-in height make them convenient for everyday use.

Whether it’s kids hopping on to get to practice or elderly riders using them to navigate a retirement community, golf carts are easier for everyone!

9. Customizable and fun!

Golf carts can be highly customized to suit your personal style and needs. From adding storage compartments and custom paint jobs to installing comfortable seating and advanced tech features, the possibilities are endless.

Customizing your golf cart can make local transportation not only practical but also fun. It may get fairly pricey when you look into packages for lifted suspension and major lighting accessories, but the same can be said for the entire automotive industry.

10. Community and lifestyle integration

Using golf carts fosters a sense of community. As more neighbors adopt golf carts, local travel becomes more social and interactive. The slower pace and open design of golf carts encourage friendly interactions and help build stronger neighborhood ties.

I see this often in golf cart-friendly communities, where folks tend to interact more, stop and chat on paths, and generally spend more time socializing with their community members

While cars are essential for long-distance travel and certain tasks, golf carts present a versatile and efficient alternative for local transportation. No one expects golf carts to completely replace cars, but they sure can replace many car trips, and potentially replace the need for a second full-size car.

Their environmental benefits, cost-effectiveness, ease of use, and safety make them an attractive choice for short trips around the neighborhood. By embracing golf carts, you can enjoy a simpler, greener, and more connected way of getting around. So next time you need to run a quick errand or visit a nearby friend, consider hopping in a golf cart – you might just find it’s the perfect fit for your local transportation needs.

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Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

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Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021.

Handout | Via Reuters

Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase’s reported plan to charge data aggregators for access to customer financial information.

The recovery followed steep declines on Friday, after Bloomberg reported that JPMorgan had circulated pricing sheets outlining potential fees for aggregators like Plaid and Yodlee, which connect fintech platforms to users’ bank data.

In a note to clients on Monday, Evercore ISI analysts said the potential new expenses were “far from a ‘business model-breaking’ cost increase.”

In addition to Block’s rise, PayPal climbed 3.5% on Monday after sliding Friday. Robinhood and Shift4 recorded modest gains.

Broader market momentum helped fuel some of the rebound. The Nasdaq closed at a record, and crypto rallied, with bitcoin climbing past $123,000. Ether, solana, and other altcoins also gained.

JPMorgan announces plans to charge for access to customer bank data

Evercore ISI’s analysts said that even if JPMorgan’s changes were implemented, the most immediate effect would be a slight bump in the cost of one-time account setups — perhaps 50 to 60 cents.

Morgan Stanley echoed that view, writing that any impact would be “negligible,” especially for large fintechs that rely more on debit, credit, or stored balances than bank account pulls for transactions.

PayPal doesn’t anticipate much short-term impact, according to a person with knowledge of the issue. The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account verification and already has long-term pricing contracts in place.

While smaller fintechs that depend heavily on automated clearing house (ACH) rails or Open Banking frameworks for onboarding and compliance may face real pressure if the fees take effect, analysts said the larger platforms are largely insulated.

WATCH: Congress moves to redraw $3.7 trillion crypto market rules, opening door to Wall Street

Congress moves to redraw $3.7 trillion crypto market rules, opening door to Wall Street

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EV sales hit 9.1M globally in H1 2025, but the US just hit the brakes

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EV sales hit 9.1M globally in H1 2025, but the US just hit the brakes

The global EV market is still charging ahead. According to new numbers from global research firm Rho Motion, 9.1 million EVs were sold worldwide in the first half of 2025, up 28% compared to the same period last year. But not every region is accelerating at the same pace.

China and Europe are doing the heavy lifting

More than half of the world’s EVs this year have been bought in China. That market hit 5.5 million sales in the first six months of 2025 – a 32% jump year-over-year. Around half of new cars bought in China are now electric.

While some Chinese cities’ subsidies have dried up, Rho Motion expects momentum to pick back up later in the year as more funding is released.

In Europe, 2 million EVs were sold in the first half of the year, up 26%. Battery electric vehicle (BEV) sales also rose 26%, thanks in part to affordable models like the Renault 4 (pictured) and 5 entering the market. Plug-in hybrids (PHEVs) weren’t far behind, growing 27% year-to-date. Chinese automakers are leaning into PHEVs as a way to work around the EU’s new tariffs on BEVs.

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Spain is leading the pack with EV sales soaring 85% so far this year. Its generous MOVES III incentive program was extended in April and has kept sales strong. The UK and Germany are also seeing solid growth – 32% and 40%, respectively. France, however, is slumping. With subsidies cut, EV sales there have dropped 13%.

North America is stuck in the slow lane

Things aren’t looking quite as bright in North America. EV sales in the US, Canada, and Mexico are up just 3% so far this year.

Mexico is the one bright spot, with a 20% boost. The US is up 6%. But Canada is down a whopping 23%.

And things could get bumpier. On July 4, Trump signed Congress’s big bill into law, which axes all the Inflation Reduction Act EV tax credits. Those consumer credits for EVs now officially end on September 30.

Just over half of the EVs sold in the US this year qualified for those credits. Rho Motion predicts a rush in Q3 before the subsidies disappear – and a decline in sales after that.

Rho Motion data manager Charles Lester said, “With Trump’s latest cuts in his ‘Big Beautiful Bill,’ the US could struggle to see any growth in the EV market overall in 2025.”

Global EV sales snapshot, H1 2025 vs H1 2024

  • Global: 9.1 million (+28%)
  • China: 5.5 million (+32%)
  • Europe: 2.0 million (+26%)
  • North America: 0.9 million (+3%)
  • Rest of world: 0.7 million (+40%)

Read more: China breaks records as global EV sales hit 7.2 million in 2025


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The Lucid Air is crushing the competition as the best-selling luxury EV sedan in the US

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The Lucid Air is crushing the competition as the best-selling luxury EV sedan in the US

Lucid’s electric sedan can drive further, charge faster, and packs more advanced tech than most of the competition. That might explain why it’s leading the segment. The Lucid Air remained the best-selling luxury EV sedan in the US after widening its lead in the Q2.

The Lucid Air is America’s best-selling luxury EV sedan

The 2025 Lucid Air Pure arrived as the “World’s most efficient car” with an EPA-estimated range of 420 miles and a record 146 MPGe.

It just set a new Guinness World Record last week for the longest journey by an electric car after travelling 749 miles (1,205 km) on a single charge.

That record was set in the range-topping Lucid Air Grand Touring model, which is rated for up to 512 miles of EPA-estimated range. On the WLTP scale, it’s rated at 597 miles (960 km). Either way, it still crushed the estimates.

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According to second-quarter sales data, released by Kelley Blue Book on Monday, the Lucid Air is still America’s best-selling luxury EV.

Lucid sold 2,630 Air models in Q2, up 10% from the previous year. Through the first half of 2025, Lucid Air sales are up 17% with 5,094 units sold.

Lucid-Air-best-selling-luxury-EV-sedan
Lucid Air (Source: Lucid)

Tesla, on the other hand, only sold 1,435 Model Ss during the quarter, 71% fewer than it did in Q2 2024. Tesla Model S sales in the US are down 70% through the first half of the year at 2,715.

Although Porsche Taycan sales were up 32% with 1,064 models sold, the significantly upgraded 2025 model year was expected to see even more demand. Porsche has 2,083 Taycans in the US this year, up just 1% from 2024.

Lucid-best-selling-luxury-EV-sedan
Lucid Air Pure interior (Source: Lucid)

Other luxury EV sedans, such as the BMW i5 (1,434), i7 (820), and the Mercedes EQS (498), experienced steep double-digit sales declines year-over-year.

And it’s not just electric luxury sedans. The Lucid Air is currently outselling many gas-powered vehicles in its segment.

Lucid-Air-best-selling-luxury-EV-sedan
Lucid Air (left) and Gravity (right) Source: Lucid

Lucid’s first electric SUV, the Gravity, is also rolling out. Although only five were sold in the second quarter, Lucid is quickly scaling production. Lucid aims to produce 20,000 vehicles this year, more than double the roughly 9,000 it built in 2024.

Earlier today, Lucid’s interim CEO, Marc Winterhoff, confirmed during an interview with Bloomberg that the company expects higher Gravity output in the second half of the year.

The interview was at the grand opening of Panasonic’s new battery cell plant in De Soto, Kansas. Winterhoff said Lucid will start using new cells from the facility, but not until next year.

Lucid’s CEO stressed the importance of establishing a local supply chain, as policy changes under the Trump Administration are taking effect. Lucid and Panasonic are collaborating to localize EV materials, such as graphite. Last month, Lucid secured a multi-year supply agreement with Graphite One for US-sourced Graphite.

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