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Forbes Daily Briefing

A Beefed-Up Golf Cart And An Anti-Cybertruck: Cheap, Quirky EVs Are Coming

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 21 July 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

U.S. sales of electric vehicles have plunged since the Trump administration killed a $7,500 federal credit last year, but a group of startups hopes to change that. They’re preparing to launch a new wave of quirky, affordable battery-powered models over the next year that are distinctly different from anything Tesla or other big automakers offer.  The newest is a small, inexpensive “life utility vehicle” from Miami-based Chip, which starts taking reservations today. It only has a top speed of 25 miles per hour, and is intended as a secondary vehicle designed to handle daily shopping trips, school runs and short commutes. It’s available in four- and six-seat versions, with a $15,000 base price. Though essentially a beefed-up golf cart resembling a small jeep it has far more safety features, including higher ground clearance, a roll bar and flat LFP battery pack along the floor to protect occupants. It also has multiple cameras and radar to monitor traffic conditions. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Accenture. When your advertising operations fall out of sync,

0:05.8

everything else follows. Spotify and Accenture are working together to reinvent the rhythm of ad sales,

0:11.4

using automation, analytics and smarter workflows to simplify campaign delivery and access better data across the business.

0:18.7

The result? Less time spent on operations, more time connecting

0:22.1

brands with the moments and fandoms that matter most. Learn more at Accenture.com slash Spotify

0:28.2

dash UK. The big arts just got bacon. More smokiness, more crispiness, more deliciousness.

0:36.8

With juicy beef, cheddar cheese,

0:38.3

and the Big Arch sauce, now topped with crispy bacon. The Big Arch just got bacon.

0:46.6

Until 28th September, 26, said from 11 a.m., subject to availability.

0:51.1

Today on Forbes, a beefed-up golf cart, and anti-cyber truck, cheap quirky EVs are coming.

1:00.7

U.S. sales of electric vehicles have plunged since the Trump administration killed a $7,500 federal credit last year, but a group of startups hopes to change that.

1:12.4

They're preparing to launch a new wave of quirky, affordable, battery-powered models over the next year that are

1:17.8

distinctly different from anything Tesla or other big automakers offer. The newest is a small,

1:24.5

inexpensive, so-called, quote, life utility vehicle from the Miami-based

1:29.2

startup, CHIP, which started taking reservations last week. It only has a top speed of 25 miles

1:35.9

per hour and is intended as a secondary vehicle designed to handle daily shopping trips, school

1:41.6

runs, and short commutes. It's available in four and six-seat versions,

1:47.0

with a $15,000 base price. Though essentially a beefed-up golf cart, resembling a small Jeep,

1:53.9

it has far more safety features, including higher ground clearance, a roll bar, and flat LFP

2:00.1

battery pack along the floor to protect occupants.

2:03.7

It also has multiple cameras and radar to monitor traffic conditions.

2:08.7

The vehicle's range is 100 miles per charge, which can be done with a standard 110-volt

...

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