Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017
Green Car Congress
JUNE 16, 2011
In the US, the National Highway Traffic Safety Administration (NHTSA) defines NEVs as low-speed vehicles (LSVs) that are limited to 25 mph (40 km/h) and to roads with a speed limit of 35 mph. In Europe, NEVs are categorized as a quadricycle, but are limited to a 4 kW motor for light NEVs or 15 kW for heavier quadricycles.
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