GEM, the company that makes all of those fun-looking people movers you see at places like airports, sports complexes, and hotels, has just launched its new 2024 line of low-speed vehicles (LSVs). And now they’re more “automotive like” than ever.
GEM is pretty much the undisputed leader in the LSV industry in the US. LSVs are street-legal, four-wheeled vehicles that are certified to Federal Motor Vehicle Safety Standards, come with a top speed of 25 mph (40 km/h), and are federally approved to travel on public roads with speed limits of 35 mph (56 km/h) or less.
GEM makes both passenger and utility versions of its LSVs, and the appearance falls somewhere between a golf cart and a micro-car. Just don’t call these “golf carts”; they’re so much more.
And now with the new 2024 model year lineup being unveiled today, that “so much more” just got even better.
As the CEO of GEM’s parent company, WAEV, Keith Simon, explained that more people than ever are adopting LSVs as regular-use vehicles instead of larger, costlier, and more energy-intensive personal cars and trucks.
“People are realizing that not every vehicle in their fleet or garage needs to travel over 200 miles or operate at highway speeds. GEM provides an affordable, accessible, convenient and enjoyable alternative way to move. In recent years, we’ve seen a growing number of individuals make the transition to GEM for daily transportation in their community. And more commercial customers are recognizing that GEM vehicles can easily do the job of a truck or van. Today, we’re redefining the LSV to be an even more viable alternative to an automobile – further expanding the lifestyles and operations that GEM can serve.
So what are the big updates? They’re a number of new design features that are largely focused on the vehicles’ electrical architecture.
The totally redesigned new 2024 electrical system boasts more than 30 modern EV enhancements that redefine the LSV’s performance, expand adoption, and provide a more automotive-like driving experience.
Major improvements include:
A new control panel, gearcase, hill control, smoother acceleration and deceleration, one-pedal driving, and DOT-compliant tires provide operators with the quiet, smooth, and stable ride they expect from a modern EV.
A turning radius that is 17% tighter than the previous model year allows for sharper turns and easier maneuvering on narrow roadways. The GEM eL XD now has a six-foot tighter turning radius than competitor work trucks. Coupled with electric power steering results in an easy-to-drive vehicle optimal for deliveries, maintenance, and property management.
A refined in-cab experience includes a new dashboard, display gauge, key switch, FNR switch, hazard flashers, one-touch turn signal, windshield wiper, and optional automatic daytime running lights for seamless operation and improved visibility.
A new power-off switch simplifies maintenance and helps sustain battery longevity and performance during long-term storage.
As required by law under federal regulations for LSVs, all of GEM’s vehicles feature a backup camera, hazard lights, brake lights, and turn signals.
The new 2024 GEM vehicles also come with an upgraded battery and charging options designed to “give drivers [the] confidence to transition to an EV.”
Those upgrades include:
Two new AGM battery packages that provide more range – an average of five miles between charges – without adding cost. All models now come standard with the AGM battery package. The e6 and eL XD come standard with the distance AGM battery package.
Two new Li-ion battery packages provide five times more battery life compared to AGM, opportunity charging, optional fast charging, a seven-year warranty and LiFePO4 technology – the safest, most reliable category of lithium batteries. Li-ion battery packages include 7.2 kWh for lighter-use applications and 14.4 kWh with up to 113 miles (182 km) of range for high-demand applications.
Included as standard with all models is a 1 kW onboard charger that is now compatible with public EV charging stations – providing more flexibility wherever you drive.
New custom-fit solar panels option can boost drive time by up to 40% and reduce grid-tied energy consumption.
A new LCD dashboard display confirms the vehicle is charging and displays charge percentage.
The company is also touting its new designs and styling options.
GEM’s models now feature a “more refined, sleek design” as well as new upgrade options to elevate the vehicles’ appearance and functionality.
That includes:
Seven gloss-finish exterior colors, including two new colors – Arctic Frost and Tidal Blue.
New badges and front fascia design modernize the vehicle look.
New seats with updated styling and increased bolster support for improved comfort.
New factory-designed roof rack accessory with rugged styling to boost functionality with 15 square feet of additional storage.
The two-seater GEM e2 starts at US $15,240. The four-seater GEM e4 starts at US $17,490. The six-seater e6 starts at US $21,240. The utility-oriented eL XD mini-truck starts at US $18,740.
Features like doors, moon roofs, and other upgrades can add several thousand dollars to the price but make the GEM vehicles feel even more car-like.
Electrek’s Take
It’s great to see WAEV’s GEM vehicles getting these upgrades. Those Li-ion batteries sound great, but they’re a bit pricey. In last year’s model, upgrading from lead acid to Li-ion was a nearly $10,000 addition, and that was for a vehicle that already started at around $13,000 to $15,000. Now it appears that the 7.2 kWh Li-ion battery is priced at around US $6,000 and the 14.4 kWh battery is priced at close to $12,000. So these Li-ion batteries can add some serious cha-ching to the price. But for those that like the easy-riding vibe of a GEM and want a long-lasting battery, it may be worth it.
I’m also glad to see that public charging station connector, which I assume means J1772. Being able to charge while out and about is a big advantage, and it means owners won’t have to search for a wall plug.
Ultimately, GEMs are one of the most expensive LSVs on the market, but the company knows what it’s doing and has been around for a long time (even if they’ve changed ownership a few times too). They’re also American-made, which, as someone who frequently buys electric vehicles from China, I can tell you that US-built can make a big difference.
So with a history of service and support, that likely gives consumers and commercial customers some extra peace of mind. They’re pretty darn pricey when you add in the nicer features (doors, sunroof, Li-ion battery, etc.), but they sure do look like fun, especially if you love LSVs as much as I do!
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Tesla’s Q2 results are in, and they are way, way down from Q2 of 2024. At the same time, Nissan seems to be in serious trouble and the first-ever all-electric Dodge muscle car is getting recalled because its dumb engine noises are the wrong kind of dumb engine noises. All this and more on today’s deeply troubled episode of Quick Charge!
We’ve also got an awesome article from Micah Toll about a hitherto unexplored genre of electric lawn equipment, a $440 million mining equipment deal, and a list of incompetent, corrupt, and stupid politicians who voted away their constituents’ futures to line their pockets.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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“These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”
The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”
Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized equities, staking, and a new blockchain infrastructure play. The company’s stock surged above $100 to hit a new all-time high following the news.
“These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a special purpose vehicle,” a Robinhood spokesperson said in response to the OpenAI post.
Read more CNBC tech news
Robinhood offered 5 euros worth of OpenAI and SpaceX tokens to eligible EU users who signed up to trade stock tokens by July 7. The assets are issued under the EU’s looser investor restrictions via Robinhood’s crypto platform.
“This is about expanding access,” said Johann Kerbrat, Robinhood’s SVP and GM of crypto. “The goal with tokenization is to let anyone participate in this economy.”
The episode highlights the dynamic between crypto platforms seeking to democratize access to financial products and the companies whose names and equity are being represented on-chain
U.S. users cannot access these tokens due to regulatory restrictions.
Despite the warnings, BYD continues introducing new discounts. On Wednesday, BYD’s luxury off-road brand began offering over 50% Huawei’s smart driving tech.
BYD introduces new discounts on smart driving tech
After BYD cut prices again in May, the China Automobile Manufacturers Association (CAMA) warned that the ultra-low prices are “triggering a new round of price war panic.”
Although they didn’t single out BYD, it was pretty obvious. BYD slashed prices across 22 of its vehicles by up to 34%, triggering several automakers to follow suit in China.
BYD’s cheapest EV, the Seagull, typically starts at about $10,000 (66,800 yuan). After the price cuts, the Seagull is listed at under $8,000 (55,800 yuan).
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It doesn’t look like China’s EV leader plans to slow down anytime soon. Fang Cheng Bao, BYD’s luxury off-road brand, introduced new discounts on Huawei’s smart driving tech on Wednesday.
The limited-time offer cuts the price of Huawei’s Qiankun Intelligent Driving High-end Function Package to just 12,000 yuan ($1,700).
BYD Fang Cheng Bao 5 SUV testing (Source: Fang Cheng Bao)
Buyers who order the smart driving tech in July will save over 50% compared to its typical price of 32,000 yuan ($4,500).
Earlier this year, Fang Chang Bao launched the Tai 3, its most affordable vehicle, starting at 139,800 yuan ($19,300). The Tai 3 is about the size of the Tesla Model Y, but costs about half as much.
BYD Fang Cheng Bao Tai 3 electric SUV (Source: Fang Cheng Bao)
The Tai 3 will spearhead a new sub-brand of electric SUVs following the more premium Bao 8 and Bao 5 hybrid SUVs.
BYD’s luxury off-road brand sold 18,903 vehicles last month, up 50% from May and 605% compared to last year. Fang Cheng Bao has now sold over 10,000 vehicles for three consecutive months.
The Chinese EV giant sold 382,585 vehicles in total in June, an increase of 12% from last year. In the first half of the year, BYD’s cumulative sales reached over 2.1 million, a YOY increase of 33%.
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