Since tracking this industry from 2000, there has been a trend towards increasing globalization and the following developments are more evidence of this trend.

Miles Electric Enters Benelux Market – Miles Electric signed their first international distribution agreement with AllGreenVehicles of the Netherlands which will distribute the vehicles in Belgium, Luxembourg and the Netherlands.

GEM & Tata Team Up On Mini-truck – GEM is working with TATA Motors to develop and market an electric version of the Tata’s Ace mini-trucki in the US. GEM is expected to fit the vehicles which will be delivered nearly fully built with an electric motor and controller. The Ace was launched in India in 2005 and has exceeded the company’s expectations. Sales for the vehicle marketed to small businesses are estimated to be around 130,000 annually with double digit growth. In a related note, The Economic Times reports that the Tata Ace mini-truck being developed with GEM is expected to cost upwards of $5,000 and the companies may consider doing a joint venture depending on the success of the Ace.

Start Of A New Dynasty – Karakoram Motors Ltd. of Karachi has agreed to buy the design and manufacturing operations of Delta, B.C.-based Dynasty Electric Car corp. the company was only producing 30-40 vehicles a year but the new owner is hoping to increase production to 5,000 and sell into the EU and US markets.

New Entrant Uses Asian Imports – New market entrant BG Automotive Group plans on importing cars from Asia and installing the batteries and motors here in the US.