While this blog will be based mostly on current and more recent events, my first few posts will include some information and insights about the NEV/LSV market I’ve been gathering from the beginning of this year.

According to GEM’s sales and marketing director Jay Wik, GEM Asia reports strong increases of 30% in sales revenue attributing the increases to rising oil prices and concern about global warming. In the US dealers are reporting increases of 10-30 percent in the last year and inquiries have increased ten-fold. Increases have occurred in all parts of the country and for exports as well. The company reports that production increased 15 percent in May. Second quarter sales were reportedly up 30% from last year. One GEM dealer experiencing the sales jump is Greg Welsh of Gulf Atlantic Vehicles in New Smyrna Beach, FL who has reported a sales increase f 30%.