MiniMAXev, LLC is on the leading edge of the manifest changes coming to how people approach their pleasure and work vehicles. Combined with a national/international movement towards electric versus fossil fuel vehicles, miniMAXev will be strategically placed to meeting the growing consumer and business demand. Historically, businesses and consumers looked to economy vehicles to lessen the cost of fuel as a business and household expense. The sudden increase in fuel prices has reignited the awareness of fuel costs and electric vehicles. In addition to this, many people are now working from home and realize they no longer need two cars or even one for that matter. Typical driving averages around a 5 mile radius of the home when you factor out work commute. However, most electric vehicles are very expensive and out of the reach of the average consumer.
MiniMAXev, LLC is a distribution company focused on bringing new and novel solutions to the EV marketplace. As we will discuss later, the typical solutions have fallen into three categories. Either small economical cars, golf carts or ATV’s ( I would add in motor bikes). While these have worked for some people, they have not been a solution for the majority.
MiniMAXev, LLC is addressing the demand for low-speed vehicles (LSV), focusing solely on electric power. A low-speed vehicle (LSV) is a legal class of 4-wheel vehicles that have a maximum capable speed typically around 25 mph (40 km/h) and have a minimum capable speed (typically 20 mph (32 km/h)) that allows them to travel on public roads not accessible to all golf carts. The global Low Speed Vehicle market was valued at USD 4.2 billion in 2019 and it is expected to reach USD 6.4 billion by the end of 2026, growing at a CAGR of 6.3% during 2021- 2026.
