The new owner has a landing page up that states the website is currently not selling a product. So the purchase may very well be investment related.
The owner also lists other names he owns, they include:
It looks like the owner went out and registered EV.car after successfully purchasing ElectricCar.com. They also purchased RentalEV.com for $9,888 at Sedo on May 18, 2020.
It looks like some of the other names were acquired privately without a publicly reported sale.
The owner of ElectricCars.com has a trademark on the term, something they make clear on their landing page. The trademark is for online magazine.
|Word Mark||ELECTRIC CARS|
|Goods and Services||IC 041. US 100 101 107. G & S: Online magazine concerning electric automobiles. FIRST USE: 19960720. FIRST USE IN COMMERCE: 19960720|
In a Facebook post a couple weeks ago they wrote,
Nov. 4th, 2020 ElectricCars.com will either reopen or remain shut down until Americans pull their heads out of their tailpipes. Or, we’ll sell to a European Auto manufacturer, or OPEC and I’ll retire and enjoy listening to people complain about gas prices for the rest of their lives.
Forbes just came out with an article on why Electric Cars are not more popular in the U.S.
From the article:
A big factor is that Americans know little about EVs. A recent study from John Helveston of the Department of Engineering Management and Systems Engineering, George Washington University, and Laura Roberson offers some reasons and remedies for the low adoption rate of EVs.
“We…find that the vast majority of respondents were unable to correctly answer basic knowledge questions [about EVs],” according to the the study, “Electric vehicle adoption: can short experiences lead to big change?”
Read the full article here