Published On Dec 23, 2023
- ๐ GEM (@WaevInc) is a brand of electric low-speed vehicles manufactured in California and is a market leader in the space.
- ๐ค Waev Inc acquired GEM almost two years ago and is carrying it forward in new and innovative ways.
- ๐ฃ The company is redefining mobility by offering street-legal motor vehicles that are designed and regulated for roads.
- โก๏ธ The rise of electric micromobility has created a continuum of mobility in urban markets, and GEM aims to fill the space for alternative forms of transportation.
- ๐ The future of the "minimobility" market is estimated to reach $100 billion, with over 40% of Americans open to it.
- ๐ GEM vehicles prioritize safety for both occupants and pedestrians by being smaller, slower, and easily recognizable on the road.
- ๐จโ๐ฉโ๐งโ๐ฆ GEM vehicles are efficient, accessible, and economical to operate, making them a practical choice for many people.