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A Bright Spot For EVs With Golden State Market Share

Forbes LogoForbes16h ago

A Bright Spot For EVs With Golden State Market Share - Forbes

Quick Summary:

Typically thought to be tech-averse, eschewing cars, computers and smartphones, Amish communities are increasingly making an exception for electric bikes, and the solar panels and batteries that keep them powered up.

While Tesla’s early entry to the market helped get things going more than a decade ago, its slowdown is being offset by the growth in sales for vehicles from Rivian, Ford and other automakers, Newsom said.“You're seeing a dramatic shift in competition across the sector.

People, even six or eight years ago, were much more likely to know about, own and ride e-bikes in Holmes County, Ohio, than they were in Manhattan.” Lapin said the company sells thousands of bikes a year through Amish distributors in the community.


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Article Details

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 07:00:00 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: forbes.com

Language: English

Article Length: 990 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Forbes

News ID: 22030716

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Main Topics: StartupsTechnology

Official Website: forbes.com

Update Frequency: 27 posts per day

Year Established: 1917

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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Publisher ID: #40

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