CNBC·4 min read·medium
Are Americans ready to embrace tiny 'cars'? These companies think so
M
Michael Wayland
✦AI Summary
Automotive companies are exploring the U.S. market for electric low-speed vehicles (LSVs) as a solution to rising vehicle costs. While these small vehicles are popular in Europe and Japan, their success in the U.S. depends on regulatory changes and consumer adoption for short-distance travel.
The next big idea in the U.S. automotive industry may be small.
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