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Tiny EVs, Big Ambitions: US firms push micro-mobility into mainstream
business22 days ago

Tiny EVs, Big Ambitions: US firms push micro-mobility into mainstream

US automakers and startups are betting on electric low-speed vehicles (LSVs)—tiny, affordable, street-legal options for short trips and micromobility—led by Stellantis’ Fiat Topolino and newcomers like Chip Motors and Waev. With prices around $15,000 and speeds under 25 mph, these LSVs are positioned to complement, not replace, traditional cars, though regulatory shifts and consumer adoption will determine how quickly the market grows.