2000 GEM E825 The big news on the 2002 GEM is the bounce in horsepower of the 72-volt, GE-built DC motor from 3.5 to 5.0, as well as a new gearbox, a revised interior, and new fiberglass doors.

The two-seater GEM e2 starts at US $15,240. The four-seater GEM e4 starts at US $17,490. The six-seater e6 starts at US $21,240. The utility-oriented eL XD mini-truck starts at US $18,740.

Global Endowment Management, or GEM, has raised its first vehicle to back deals by independent sponsors, an investment group that has grown strongly as the institutions that back private-equity ...