Polaris to Acquire Global Electric Motorcars LLC (GEM) Motorcycle Cruiser

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April 25, 2011 06:00 PM Eastern Daylight Time. MINNEAPOLIS-- ( BUSINESS WIRE )--Polaris Industries Inc. (NYSE: PII) today announced an agreement to acquire Global Electric Motorcars LLC (GEM), a.

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MINNEAPOLIS (April 25, 2011) — Polaris Industries Inc. has announced an agreement to acquire Global Electric Motorcars LLC (GEM), a wholly owned Fargo, N.D. based subsidiary of Chrysler Group LLC and manufacturer of premium electric-powered vehicles.GEM is the recognized leader within the low-speed vehicle market, with a well-respected brand and approximately $30 million in sales during the.

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GEM (Global Electric Motorcars) began in 1998 and is the leader in the low-speed vehicle (LSV) market. Waev Inc. owns the GEM brand and designs, engineers, manufactures and markets innovative, high-quality electric vehicles. GEM is a multipurpose, 100% all-electric passenger and utility vehicle manufactured in Anaheim, CA.

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Minneapolis, MN (4/26/2011) - Polaris Industries Inc. (NYSE: PII) today announced an agreement to acquire Global Electric Motorcars LLC (GEM), a wholly owned Fargo, N.D. based subsidiary of Chrysler Group LLC and manufacturer of premium electric-powered vehicles. GEM is the recognized leader within the low-speed vehicle market, with a well.

Polaris to Acquire Chrysler's GEM (Global Electric Motorcars) Subsidiary


Far before "going electric" was a trend, GEM was introduced as a new vehicle that would drive the world of mobility into the future. The vehicle has evolved through several generations of engineering excellence, corporate acquisitions and consumer demands to result in a refined and trusted EV for many applications.

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Gem Cars, also known as the Global Electric Motorcars, is part of the Polaris Industries group. These battery-electric vehicles can be seen across the U.S thanks to the fact that they are legal to drive on the street in nearly every state across the country. GEM cars are perfect for neighborhood roads as they only have a top speed of 25 mph.

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Polaris Industries Inc. has announced an agreement to acquire Global Electric Motorcars LLC (GEM), a wholly owned Fargo, N.D. based subsidiary of Chrysler Group LLC and manufacturer of premium.

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Polaris Industries Inc. (NYSE: PII) today announced an agreement to acquire Global Electric Motorcars LLC (GEM), a wholly owned Fargo, N.D. based subsidiary of Chrysler Group LLC and manufacturer of premium electric-powered vehicles. GEM is the recognized leader within the low-speed vehicle market, with a well-respected brand and approximately.

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06/27/2011 MINNEAPOLIS, Jun 27, 2011 (BUSINESS WIRE) -- Polaris Industries Inc. (NYSE:PII) announced today that it has closed the previously announced acquisition of Global Electric Motorcars (GEM), a wholly owned subsidiary of Chrysler Group LLC and manufacturer of electric vehicles. About Polaris

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Formerly Global Electric Motorcars 3.9 6 reviews & ratings Are you this business? Written by Edited by Cassidy McCants Updated: 10/24/2023 Our promise. We provide a buying advantage with.

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The LSVs will be manufactured under the brand name GEM, which stands for Global Electric Motorcars. Minnesota-based Polaris owns GEM, having acquired it in 2011, and it's also an investor.

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Seats 1-4 | Starting at $15,540 US MSRP e6 The ultimate EV shuttle is a great alternative to SUVs or vans with up to 67 miles of range. Seats 1-6 | Starting at $19,113 US MSRP eL XD Rival any truck or cargo van with up to 1,400 lbs of payload, 1,250 lbs of towing, zero emissions and up to 67 miles of range. Seats 1-2 | Starting at $14,049 US MSRP

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With its nimble performance and small footprint, the GEM e2 is the perfect small electric car for quick trips, light cargo and tight parking. 1-2 Seating 113 mi Range up to between charges* 103 in Length 55.5 in Width *GEM model, battery, payload and terrain will impact range Comfortable

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Global Electric Motorcars ( GEM) is an American manufacturer in the low-speed vehicle category, producing neighborhood electric vehicles (NEVs) since 1998 and low-speed vehicles (LSVs) since 2001. It has sold more than 50,000 GEM battery-electric vehicles worldwide as of October 2015. [1] GEM was formerly owned by Chrysler.

Polaris to Acquire Global Electric Motorcars LLC (GEM) Motorcycle Cruiser


MINNEAPOLIS, Apr 25, 2011 (BUSINESS WIRE) -- Polaris Industries Inc. (NYSE: PII) today announced an agreement to acquire Global Electric Motorcars LLC (GEM), a wholly owned Fargo, N.D. based subsidiary of Chrysler Group LLC and manufacturer of premium electric-powered vehicles.

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The Big Two in NEVs are Global Electric MotorCars, LLC, of Fargo, North Dakota, maker of this GEM E825, and Montreal-based Bombardier, Inc., which manufactures everything from Ski-Doo.