Top 10 biggest Golf Cart Brands and Manufacturers in 2026

The golf cart market has seen huge growth in the last 3 years.

But which 10 golf cart brands and manufucturers are the biggest in the world?

We have tried to answer this question based on revenue numbers, production numbers and import data.

Please note that this list is based on estimates.

If you want to check out a complete list of all golf cart brands and manufacturers in the world you can check out this link.

1. Club Car

In 2021 Club Car was bought by Platinum Equity from the public company Ingersoll Rand for 1.7 Billion USD.

The last published Club Car revenue numbers date from 2020, when it was 840 Million USD. Since then Club Car no longer publishes its revenue.

Based on the debt data in a credit assessment by S&P Global Ratings, we estimate that Club Car had a revenue of around 1.2 to 1.45 billion USD in 2025. This is our own estimate, not a number published by Club Car or S&P. In the same assessment S&P downgraded Club Car's debt to CCC+, after revenue and results in 2025 were weaker than expected.

Based on this estimate Club Car is still the biggest golf cart manufacturer in the world based on revenue.

2. E-Z-GO (and Cushman)

E-Z-GO and Cushman are part of Specialized Vehicle segment of the public company Textron.

Unfortunately they don't show specific E-Z-GO and Cushman revenue numbers in their financial reports, but only for Specialized Vehicles as a business unit, which also includes turf equipment and ground support equipment for airports. The revenue of Specialized Vehicles was around 1.3 billion USD in 2025. We estimate that around 950 million to 1 billion USD of that came from E-Z-GO.

In 2026 Textron announced that it plans to separate its Industrial segment, which includes E-Z-GO, through a sale or a spin-off.

But a E-Z-GO recall alert from februari 2023 shows that in 2021, 2022 and the first two months of 2023 at least 143.000 E-Z-GO vehicles were manufactured. That is probably not more units than Club Car, but more than the rest.

3. Yamaha

Yamaha is also a listed public company. And in this case we know that in 2025 Yamaha had a golf car revenue of 55.3 billion yen, around 370 million USD. In 2024 that was 73.7 billion yen, around 485 million USD.

4. Tao Tao Motors

Tao Tao Motors (Zhejiang Taotao Vehicles) is a China based manufacturer that is listed on the Shenzhen Stock Exchange. In 2025 Tao Tao had a total revenue of around 550 million USD, of which around 270 million USD came from electric golf carts and other low-speed vehicles. That is more than double the year before.

Tao Tao sells its golf carts under its own brand Denago, which Eco Planeta represents in the Dominican Republic.

5. Lvtong

Lvtong is a golf cart manufacturer that is a listed company in China. In 2025 Lvtong had a revenue of around 105 million USD.

Lvtong manufactures for Advanced EV and Eco Planeta.

6. Evolution

Evolution is a China based golf cart manufacturer. Based on US import data we estimate that they are number 6.

7. Kandi

Kandi is a China based manufacturer that is listed on the NASDAQ. In 2025 Kandi had a revenue of around 83 million USD from off-road vehicles, which include golf carts, go-karts and ATVs. That is 29% less than in 2024, mainly because Kandi sold fewer golf carts. Kandi does not report its golf cart revenue separately.

8. Excar

Based on import data to the USA we estimate that Excar is number 8 of biggest golf cart manufacturers. They operate from Dongguan China.

They manufactur golf carts for Bintelli and Atlas.

9. Marshell

Marshell is also a China based manufacturer. Based on import data from the US, we estimate they are number 9.

Marshell manufacturers for STAR EV and EPIC.

10. Eagle

Eagle is a China based golf cart manufacturer. Based on import data in the US, we estimate that they are number 10.

They manufacturer golf carts for companies like STAR EV and Moto Electric Vehicles.