SEPTEMBER 2024Autobusiness outlook6Golf carts, once considered a modest, simple mode of transport on the golf course, have now evolved by leaps and bounds, into high-tech electric vehicles with advanced features. Today, they are also used for various purposes beyond golfing, such as transportation in gated communities, resorts, industrial facilities and recreational areas. According to reports, the golf cart market, valued at $1.2 billion in 2021, is expected to grow from $1.3 billion in 2022 to $2.05 billion by 2030, at a CAGR of 6.90 percent.A slew of tech developments are fueling this growth. Equipped with efficient electric motors and advanced battery technology, golf vehicles deliver maximized efficiency with extended range and power. A strong focus on environmental sustainability is giving golf cart makers an opportunity to power golf vehicles with solar energy. With the advent of autonomous technology, self-driven electric golf carts are also picking up steam. These are more safe compared to traditional ones as they come with features like automatic braking and collision avoidance systems. Advancements in GPS and telematics are instrumental in ensuring for better navigation and tracking on and off the golf course.This edition of Auto Business Outlook brings recent developments in the electric golf vehicles arena and insights into how companies and manufacturers can adapt to these disruptive trends to deliver advanced electric golf vehicles. It features thought leadership articles from industry experts, including Reese Blalock, Director of Automotive Technical Education and Development at AAMCO Transmissions and Total Car Care, who sheds light on recent trends in the automotive training and development space and their impact on the industry's future. Maxime Mackieh, Head of Cyber Security at Punch Powertrain, reveals profound insights into the vast potential of cyber risk within the automotive industry. The edition also spotlights leading companies such as Evolution Electric Vehicles that pioneers electric golf cart innovation, backed by nearly two decades of expertise and a commitment to quality.We hope this edition featuring the Top Electric Golf Vehicles Companies in 2024 helps you build the partnership your organization needs to sharpen its competitive edge in the industry. Let us know your thoughts!EDITORIALPushing the Envelope of Golf Course Transport Copyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Businesso utl oo kEditorial StaffClaire Jonathan David CarterOlivia HarperSurajit Narayan DekaVisualizersManaging EditorLester D'Souza*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffLester D'SouzaManaging Editoreditor@autobusinessoutlook.comSEPTEMBER - 09 - 2024, Volume 09 Issue - 02(ISSN 2837-3545)Published by ValleyMedia, Inc.To subscribe to Auto Business OutlookVisit www.autobusinessoutlook.com Email:sales@autobusinessoutlook.comeditor@autobusinessoutlook.commarketing@autobusinessoutlook.comBusinesso utl oo kHenry Smith
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