Why is this so exciting?
- 100 miles per charge
- Less then $20,000 to purchase after federal and Oklahoma income tax credits (while Oklahoma previously allowed a tax credit equal 50% of the electric car purchase price, that credit will now be limited to the amount of the federal tax credit. However, the amount of OK tax credit is very much in question - see this blog article from April 8.)
- No gasoline, therefore no crude oil required
- The fuel source can now be anything that produces electricity - wind, solar, natural gas, coal, nuclear.
The first cars are to ship in December this year.