Evolution Electric Vehicles
- Company typePrivate
- Founded2023
- HeadquartersCorona, United States
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
Evolution Electric Vehicles firmographics
Firmographics- Name
- Evolution Electric Vehicles
- Legal name
- Evolution Electric Vehicle
- Website
- https://evolutionelectricvehicle.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Evolution Electric Vehicles industry classification
Industry- Product category
- Electric Golf Carts
- NAICS
- Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)
- SIC
- Motorcycles, Bicycles & Parts (3751)
- akta.pro primary industry
- Personal Electric Transporters (Segways & similar) (CRACASAF)
- akta.pro secondary industry
- Battery Pack & Module Manufacturing (EV) (IMACACAA)
Keywords
Where Evolution Electric Vehicles is headquartered
LocationHeadquarters
- HQ city
- Corona
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Evolution Electric Vehicles business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Electric Golf Cart Sales: Primary revenue stream from manufacturing and selling electric golf carts including D-Max, D5, Classic, Forester, Carrier, and Turfman series. Revenue is generated through dealer network sales to consumers, businesses, and government entities.
- Accessories and Parts: Sales of golf cart accessories, parts, and aftermarket add-ons through dealers and online resources
- Financing Services: Company offers financing options for customers purchasing golf carts
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | D-Max Series - Premium/Luxury Golf Carts |
| One time/ perpetual license | Pay-as-you-go | D5 Plus Series - Mid-Range Golf Carts |
| One time/ perpetual license | Pay-as-you-go | Starter Line - Entry-Level Golf Carts |
| One time/ perpetual license | Pay-as-you-go | Commercial/Utility Line |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels7 records
Evolution Electric Vehicles product offering
Product offeringCore offering
Evolution Electric Vehicles manufactures and sells lithium battery-powered electric golf carts and low-speed personal mobility vehicles across four product lines: the premium D-Max Series, the mid-range D5 Plus Series, the entry-level Starter Line, and the Utility & Commercial line. Products are sold through an authorized dealer network across the United States with three regional distribution centers and are complemented by accessories, parts, and customer financing options.
Product overview
Evolution Electric Vehicles manufactures a portfolio of electric golf carts and low-speed electric vehicles organized across four product series: the premium D-Max Series (GT4, GT6, XT4, XT6), the mid-range D5 Series Plus (Ranger and Maverick variants in 2+2, 4, 4+2, and 6-passenger configurations), the entry-level Starter Line (Classic, Forester, Carrier models), and the Utility & Commercial line (Turfman 200/800/1000 Plus and Carrier 8 Plus). All models feature lithium battery systems, LED lighting, and touchscreen infotainment, with Apple CarPlay and Android Auto compatibility on select models. The D-Max Series includes patented storage innovations including a sliding tray cooler deck and dual golf bag holder system.
Differentiator
Problem solved
Functional benefit
Brands
- D-MAX Series: Premium lineup of personal golf carts featuring advanced engineering and integrated storage innovations including 4-bag golf storage system, sliding tray cooler, and patented tailgate storage system.
- D5 Series
- Starter Line
- Utility & Commercial
Products and services
- D-Max GT4 Premium 4-passenger personal golf cart in the D-Max series, featuring advanced lithium battery, touchscreen compatible with Apple CarPlay and Android Auto, and automotive-inspired design. MSRP $13,595.
- D-Max GT6 Premium 6-passenger personal golf cart in the D-Max series, featuring advanced lithium battery and automotive-inspired design for the modern golfing and leisure experience. MSRP $15,595.
- D-Max XT4 Premium 4-passenger rugged personal golf cart in the D-Max series, engineered for off-road capability with robust design, touchscreen Apple CarPlay/Android Auto compatibility, dual wireless phone charging, and 4x4-style features. MSRP $15,595.
- D-Max XT6 Premium 6-passenger 4WD golf cart in the D-Max series, designed for rugged terrain and adventure use with enhanced off-road capability, touchscreen compatibility, and generous storage. MSRP $17,595.
- D5 Ranger 2+2 Plus All-forward seating 4-passenger (2+2) electric golf cart with advanced operating system, Apple CarPlay and Android Auto compatibility, under-seat speakers, and integrated portable trunk storage. MSRP $8,695.
- D5 Maverick 2+2 Plus All-forward seating 4-passenger (2+2) electric golf cart variant with advanced operating system, Apple CarPlay and Android Auto compatibility, under-seat speakers, and integrated portable trunk storage. MSRP $8,995.
- D5 Ranger 4 Plus 4-passenger electric golf cart with advanced operating system that constantly adjusts to user needs, featuring Apple CarPlay and Android Auto compatibility, under-seat speakers, and advanced electric power. MSRP $9,595.
- D5 Maverick 4 Plus 4-passenger electric golf cart variant with advanced operating system, Apple CarPlay and Android Auto compatibility, under-seat speakers, and advanced electric power for enhanced comfort and charisma. MSRP $9,995.
- D5 Ranger 4+2 Plus 6-passenger electric golf cart with 4 primary seats and 2 rear-facing seats, advanced operating system, Apple CarPlay and Android Auto compatibility, and rear-row convenience kit including cup holders, USB charging ports, and storage basket. MSRP $11,595.
- D5 Maverick 4+2 Plus 6-passenger electric golf cart variant with 4 primary seats and 2 rear-facing seats, featuring advanced operating system, Apple CarPlay and Android Auto compatibility, and luxury seating with rotating armrests. MSRP $11,995.
- D5 Ranger 6 Plus 6-passenger electric golf cart with advanced operating system and full LED lighting, offering spacious seating for larger groups and extended family outings. MSRP $11,595.
- D5 Maverick 6 Plus 6-passenger electric golf cart variant with advanced operating system and full LED lighting, delivering premium comfort and style for larger groups. MSRP $11,995.
- Classic 4 Plus Entry-level 4-passenger electric golf cart in the Starter Line series, offering essential features for golf and neighborhood use at an accessible price point. MSRP $6,795.
- Forester 4 Plus Lifted 4-passenger electric golf cart designed for off-road and adventurous terrain, featuring a robust brush guard for extra protection, user-friendly touchscreen interface with music and video entertainment, and premium LED lighting. MSRP $6,995.
- Forester 6 Plus Lifted 6-passenger electric golf cart designed for off-road and adventurous terrain, offering spacious seating and rugged capability for family outdoor adventures. MSRP $9,995.
- Carrier 6 Plus Utility-focused 6-passenger electric golf cart in the Starter Line series, designed for carrying passengers and cargo with practical functionality. MSRP $9,595.
Quantifiable outcome
- LED lights consume 80-90% less power than traditional halogen or incandescent bulbs, extending battery life and runtime
- +2 more outcomes
Companies that use Evolution Electric Vehicles
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles5 records
Evolution Electric Vehicles technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature15 records
Evolution Electric Vehicles partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Allied Market ResearchminorAllied Market Research published market research data referencing Evolution Electric Vehicles within the broader golf cart market analysis. The report indicates the electric golf cart market is valued at $1.9B in 2023 and projected to reach $3.5B by 2033, with electric segment holding nearly 50% market share and solar carts growing at 8% CAGR.
- American Red CrossminorAmerican Red Cross donated a six-seater Evolution Golf Cart to the Kerrville VA Medical Center as a meaningful expression of support for Veterans. This charitable partnership supports Veteran care and recovery transportation needs at the medical center.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Evolution Electric Vehicles competitors and assessment
Company assessmentBroad incumbents
- Polaris Inc. Polaris is a large, diversified powersports OEM whose LSV and side-by-side portfolio competes in adjacent off-road, utility, and lifestyle segments. Evolution's Forester off-road and D-Max XT 4WD models compete with Polaris's entry-level side-by-side offerings.
- Cushman (Textron): Cushman, part of Textron Specialized Vehicles, offers a broader portfolio of utility and commercial LSVs alongside golf-adjacent products. Comparable to Evolution's commercial/utility line as a larger incumbent with deeper fleet and government sales reach.
Emerging players
- Denago EV: Denago EV is an emerging US-based electric golf cart and LSV brand targeting lifestyle and personal-use buyers with lithium-powered models. Competes directly with Evolution's D5 and Starter Line on price and dealer-channel distribution.
Direct peers
- Club Car: Club Car (owned by Platinum Equity) is one of the two dominant global golf cart and LSV manufacturers, directly competing with Evolution's D-Max and D5 series for golf course, resort, and personal-use customers. Both companies offer lithium-ion electric carts with premium features; Club Car's scale and dealer depth dwarf Evolution's footprint.
- ICON Electric Vehicles: ICON is a privately held US manufacturer of premium electric golf carts and LSVs with similar product positioning (lifestyle, residential, off-road) to Evolution's D-Max and Forester lines. Both target lifestyle mobility buyers seeking automotive-style features.
- Yamaha Golf Cars: Yamaha Golf Cars (a Yamaha Motor division) is a top-three global golf cart OEM with established dealer and service networks. Direct competitor to Evolution across personal, fleet, and commercial utility segments with comparable lithium and EFI powertrains.
- Garia (Garia Utility Vehicles): Garia, now part of the Larsson group, is a premium Danish luxury golf cart and utility LSV maker comparable to Evolution's D-Max tier. Both target premium golf, resort, and lifestyle customers with automotive-grade finishes.
- Tomberlin (Polaris): Tomberlin, a Polaris Inc. brand, produces electric golf carts and low-speed vehicles for personal, commercial, and utility use. Direct competitor to Evolution's mid-range D5 series and Starter Line, leveraging Polaris's distribution scale.
- E-Z-GO (Textron): E-Z-GO, a Textron Specialized Vehicles brand, is the other dominant golf cart OEM and the closest direct competitor across entry, mid, and premium price tiers. Both compete head-to-head on lithium battery systems, dealer networks, and government/commercial fleet sales.
- Columbia Vehicle Group: Columbia Vehicle Group manufactures commercial-grade electric utility vehicles for turf, hospitality, and industrial fleets. Direct competitor to Evolution's Turfman commercial/utility line for grounds maintenance and fleet operators.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Evolution Electric Vehicles social profiles
Digital presenceEvolution Electric Vehicles financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evolution Electric Vehicles leadership team
Management profileNumber of profiles
Profiles1 record
Evolution Electric Vehicles funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evolution Electric Vehicles M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evolution Electric Vehicles
What does Evolution Electric Vehicles do?
Evolution Electric Vehicles manufactures and sells lithium battery-powered electric golf carts and low-speed personal mobility vehicles across four product lines: the premium D-Max Series, the mid-range D5 Plus Series, the entry-level Starter Line, and the Utility & Commercial line. Products are sold through an authorized dealer network across the United States with three regional distribution centers and are complemented by accessories, parts, and customer financing options.
Is Evolution Electric Vehicles a public or private company?
Evolution Electric Vehicles is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Evolution Electric Vehicles founded?
Evolution Electric Vehicles was founded in 2023. It employs 11 to 50 people.
Where is Evolution Electric Vehicles based?
Evolution Electric Vehicles is headquartered in Corona, United States, in the North America region.
How does Evolution Electric Vehicles make money?
Three revenue lines are on record. Electric Golf Cart Sales are the primary driver. The others are accessories and Parts and financing Services.
Who are Evolution Electric Vehicles's main competitors?
Broad incumbents on record are Polaris Inc. and Cushman (Textron). Denago EV is listed as an emerging player. Direct peers are Club Car, ICON Electric Vehicles, Yamaha Golf Cars, Garia (Garia Utility Vehicles), Tomberlin (Polaris), E-Z-GO (Textron) and Columbia Vehicle Group.
Does Evolution Electric Vehicles have an API?
No public API is recorded for Evolution Electric Vehicles.
What industry is Evolution Electric Vehicles in?
Evolution Electric Vehicles's product category is Electric Golf Carts. Its primary akta.pro industry code is CRACASAF, Personal Electric Transporters (Segways & similar), with a secondary code of IMACACAA, Battery Pack & Module Manufacturing (EV). Its NAICS code is 33632 and its SIC code is 3751.