LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Not ready to buy a GEM electric microcar? Soon you can simply rent one

Robert Frost by Robert Frost
October 19, 2023
in Industries
Not ready to buy a GEM electric microcar? Soon you can simply rent one
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


GEM, a leader in the Low Speed Vehicle (LSV) industry in the US, has announced that it is teaming up with Joyride to make its electric vehicles rentable as part of the larger shared micromobility market.

You’ve probably seen GEM’s electric vehicles before, even if you didn’t realize it. They’re those bubble-car looking vehicles that seem to be ubiquitous around airports, hotels, malls, sporting centers, and other major venues. They’re classified as LSVs, which is a distinct category from traditional motor vehicles in the US that allows these smaller vehicles to be street legal without meeting all the regulatory requirements of most passenger cars.

You might also like

Tesla Autopilot less safe, Optimus freezes, electric Mustang goes 250,000 miles

91% of renewables are cheaper than fossil fuels, but Trump just defunded a vital US grid upgrade

Elon Musk with a straight face: Tesla Robotaxi will cover half of US population by end of the year

While GEM’s LSVs most commonly used in fleets and by commercial operators, they’re also available for purchase by consumers. They’re a bit pricey as a private vehicle though, which makes today’s announcement interesting to everyone out there who doesn’t own a hotel chain or airport.

Thanks to Joyride, you might be able to soon rent one of these vehicles when you need one – just like you would a Lime scooter. In fact, that’s what Joyride does – they make software that companies can use to quickly setup a shared micromobility fleet. I could buy a pile of e-scooters and use Joyride to make my own Bird or Lime competitor, if I was so inclined.

Or perhaps more critically, I could now do the same with GEM’s vehicles. They’ve worked with Joyride to make the IoT-compatible LSVs ready to roll with sharing software.

GEM electric microcar

As explained by Paul Vitrano, Senior VP & Chief Legal and Policy Officer at GEM’s parent company Waev:

Teaming up with Joyride will make four-wheeled, street-legal GEM LSVs IoT-connected for the first time. Having GEM vehicles networked this way will make it painless and profitable to start or maintain a shared-use deployment capable of being controlled and managed by mobile devices.

Vince Cifani, Joyride’s founder and CEO, elaborated on the environmental impacts of the partnership:

With their compact footprint and low-speed travel, LSVs are efficient, sustainable and fun – while capable of transforming urban mobility and shared-use applications. Partnering with Waev on their GEM products furthers our global mission by providing shared mobility operators with a new option – and increased vehicle capabilities – in sustainable travel.

Joyride’s software is quite advanced, making it easy for a new operator to get set up with a shared micromobility fleet without the need for starting a billion dollar company like Bird (at least back when Bird was valued at a billion dollars). The software covers all of the fleet management concerns, offers geofencing and analytics, and even includes features like a sobriety test consisting of an in-app game that someone too drunk to operate a vehicle presumably couldn’t complete. The software covers all of the aspects of fleet management from payment gateways and verification to operating tools and customer service.

Those wanting to test out one of GEMs vehicles can do so at the Micromobility America show in San Francisco today and tomorrow, where the announcement was just made.

Electrek’s Take

I love it!

If you know me and my coverage, you’ll know I love LSVs and microcars. GEMs vehicles are the most popular LSVs in the US, and this could help them find even more drivers. As car replacements in urban areas, a vehicle like a GEM is hard to beat – if you don’t need to go over 25 mph (40 km/h). Considering traffic often moves at much less than that in crowded city centers, an efficient GEM can be a great alternative to a heavy, dangerous car. As a driver, I’d rather drive one of these. And as a pedestrian, I’d rather get hit by one of these than a “real” car. I guess I’d rather not get hit at all, if I have the choice, but at the rate that pedestrian deaths in the US are increasing, it seems many don’t have that choice. So smaller, lighter, and more efficient car-alternatives are a great move for everyone.

Joyride also deserves some props here, too. That software is a great way to democratize shared micromobility, and it means you don’t need to be a massive organization with a room full of programmers to begin getting these vehicles out into operation. I’ve never been prouder to wear my Joyride socks I got for free at the last Micromobility trade show.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

Former soft drinks site in Manchester set to lead Savills auction at £5.95m

Next Post

Crypto leaders: 12 practical tips for effectively working with regulators

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Tesla Autopilot less safe, Optimus freezes, electric Mustang goes 250,000 miles
Industries

Tesla Autopilot less safe, Optimus freezes, electric Mustang goes 250,000 miles

July 24, 2025
91% of renewables are cheaper than fossil fuels, but Trump just defunded a vital US grid upgrade
Industries

91% of renewables are cheaper than fossil fuels, but Trump just defunded a vital US grid upgrade

July 23, 2025
Elon Musk with a straight face: Tesla Robotaxi will cover half of US population by end of the year
Industries

Elon Musk with a straight face: Tesla Robotaxi will cover half of US population by end of the year

July 23, 2025
Tesla claims it produced the first builds of its ‘new affordable’ electric car models
Industries

Tesla claims it produced the first builds of its ‘new affordable’ electric car models

July 23, 2025
Next Post
Crypto leaders: 12 practical tips for effectively working with regulators

Crypto leaders: 12 practical tips for effectively working with regulators

Related News

Cluttons appoints Gregory and Weights to Northern division | Property Week

Cluttons appoints Gregory and Weights to Northern division | Property Week

September 12, 2024
Call for probe into work-related suicides after headteacher’s death

Call for probe into work-related suicides after headteacher’s death

May 22, 2023
Massive data leak at Volkswagen exposes locations of 800,000 EV drivers, for months

Massive data leak at Volkswagen exposes locations of 800,000 EV drivers, for months

December 30, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?