Low-speed electric vehicles are commonly known as “old man’s happy van”, “three-bounce”, and “trip iron box” in China. They are a common means of transportation for middle-aged and elderly people. Because they have always been on the edge of policies and regulations, they cannot be registered or driven on the road. According to normal logic, there will be fewer and fewer such vehicles, but when I went home for the New Year, I saw that the low-speed electric vehicles on the road not only did not disappear, but also increased! What is the reason for this?

1. Low-speed electric vehicles do not require a driver’s license

Strictly speaking, low-speed electric vehicles are also motor vehicles, but they are illegal vehicles and are not eligible for registration or driving on the road, so they do not require a driver’s license. However, their functions are similar to those of cars. As an alternative tool to cars, they are different from cars and have much fewer restrictions. This makes the elderly more courageous to drive on the road!

2. Cheap price and high cost performance

The price of a low-speed electric car is between 9,000 and 20,000 yuan. The price of a car is more than 40,000 yuan, and the car also needs insurance, license fees, parking fees, and maintenance fees. Such high costs are too high for families with average incomes to afford a car, and they are simply unacceptable. Low-speed electric cars are more cost-effective.

3. No one cares about the countryside

Rural areas and county towns are the “fertile soil” for the growth of low-speed electric vehicles. Since these places are more friendly to low-speed electric vehicles and do not restrict their use on the road, people dare to buy them. Of course, the backwardness of public transportation in these places is also a very important reason.

4. Manufacturers and merchants promote

In addition to the rising user demand, another very important reason is the hard work of manufacturers and merchants in promoting and promoting. The reason why merchants are willing to promote low-speed electric vehicles is that the profit of a low-speed electric vehicle is high, and the profit of one vehicle is 1,000-2,000 yuan. This is more profitable than selling two-wheeled vehicles. Therefore, electric vehicle merchants are very motivated and occasionally use publicity to attract people to buy low-speed electric vehicles.

5. Digesting Steel Production Capacity

At present, the domestic steel production capacity is seriously oversupplied. If a large amount of extruded steel materials are not handled in time, it will be harmful to the economy. The rise of low-speed electric vehicles can just consume part of the excess steel production capacity. Although the scale is not large, it also plays a good role in digestion.

Summarize:

The above five points explain the key reasons why low-speed electric vehicles are banned from the road in various places, but from a national perspective, the sales of mobility scooters for the elderly are becoming more and more popular. Of course, with the improvement of public transportation and the further improvement of the living standards of the elderly, low-speed electric vehicles may become regular or die out naturally in the future.