The future of the electric vehicle revolution is here, and it’s your golf cart

By David Callaway, Callaway Climate Insights As a golfer, I’ve seen my share of electric golf carts. Some complete with GPS as well as border controls that use it to prevent you from driving too close to the greens or…

Published July 13, 2021, 10:17am ET · 1 min read

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A vibrant photo of a senior Caucasian couple smiling and driving a bright yellow golf cart down a residential street. The man, wearing a light-colored shirt, is driving, while the woman, in a white shirt and glasses, holds a paper grocery bag with green produce. Houses with manicured lawns and palm trees line the street under a blue sky with white clouds.
A couple enjoys a sunny day drive in their golf cart, symbolizing the relaxed lifestyle possible when smart financial decisions are made in retirement. This scene reflects the community focus discussed in The Villages. © itsskin / Getty Images

By David Callaway, Callaway Climate Insights

As a golfer, I’ve seen my share of electric golf carts. Some complete with GPS as well as border controls that use it to prevent you from driving too close to the greens or to environmentally sensitive areas. But my foursome were all dumbstruck last week when, while playing on the California coast at Bodega Bay, we saw a couple zipping down the fairway at about 30 miles an hour.

Turns out many residents of the community had their own souped-up carts for getting around, kind of like in the golfing communities in Florida. I even saw one designed to look like a Cadillac, with headlights, a convertible top, and an open trunk for the golf bags. As our insight in today’s subscriber newsletter highlights, the electric vehicle revolution is booming in the golf cart business, led in part by Ingersoll Rand (IR). Perhaps a preview of what is to come for local transportation.

Anything to get us to the 19th hole faster.

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Trey Thoelcke

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.
Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community.
Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.
Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, moderating workshop sessions at regional conventions.

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