Electric Van Startup Race Quickly Becomes Crowded Field
» Posted July 16, 2021 Resources | Share This Post
Huge carmakers like General Motors and Volvo are set to increasingly make electric vehicles the standard with ambitious plans to pull the plug on gas-powered cars in the coming decades. Meanwhile, startup companies looking to get a foothold in the market for electric vans may already be too late.
A rapidly growing field of electric vehicle startups are banking their fortunes on a small number of major shipping companies for business, meaning most are likely to go bust. They are also expecting to see more competition from major automakers, according to Automotive News.
“Commercial EV startups are racing against time as major manufacturers like Ford Motor Co. race to bring products to market or others like Volkswagen Group beef up their electric offerings,” Automotive News’ Nick Carey and Lisa Baertlein report.
Startup success stories include Arrival, which is producing some 10,000 electric vans for UPS and went public through a merger with a special purpose acquisition company. Rivian, an electric truck and sport utility vehicle manufacturer, reportedly has an order to build 100,000 vehicles for Amazon.
Thore Meurer, an official at DHL Express, told Automotive News “the window of opportunity is closing."
“If another startup comes to market with a van two years from now, there will be no opportunity left for them,” Meurer said. “By then, every big player will have an electric van on the market.”
Defective Vehicles Pose Major Risks
While electric vehicles may be the wave of the future, major auto manufacturers continue to struggle to ensure that their vehicles are safe today. These companies recall millions of vehicles worldwide each year, citing an array of defects that put people in harm’s way.
The good news for car owners and lessors in California is that you have some valuable rights and protections under the state’s lemon law. The law requires carmakers to perform a variety of repairs on vehicles while they are under warranty. It also forces them to buy back - or, in some situations, replace - cars that they cannot or will not fix.
There is no specific number of repair requests or attempts that have to be made before the buyback requirement kicks in. It is important to consult an experienced California lemon law attorney.
Speak with a California Lemon Law Attorney
If you have been stuck with a detective or malfunctioning vehicle in the Golden State, an experienced California lemon law attorney at Bickel Sannipoli APC can help you understand and enforce your rights.
Our lawyers have represented hundreds of clients across the state in defective vehicle cases. We are tireless advocates, dedicated to ensuring that car manufacturers are held responsible when they do not live up to their responsibilities. Our firm has a strong track record of successful results for our clients.
Our offices are conveniently located in Los Angeles, San Diego and San Francisco. Call us at (888) 800-1983 or contact us online to speak with a California lemon law attorney today.