$16K Electric Car

" the last week the Energy Department announced it would land more than eight billion to auto makers for a test -- and he's trying to invest in the research and development of electric vehicles. Yet there is already an electric car on the market. Bill which is produced by Tom Dolan group Shibani Joshi is outside of my Tom -- he's the CEO of the -- group. But much more on -- vehicles and I'm."

" Good morning Alexis the future is here. While -- big US automakers have grandly to get electric cars on the road we already have one Netscape viewing made its worldwide debut yesterday. And be ready to hit the roads across the country joining us now to talk to us about all of the features. Of the brand new and built car -- Mike -- if he's a CEO Todd Palin good thank you for joining us this morning so Bonnie it's a real -- thanks -- hate us through this amazing futuristic really cool. Rugged looking car what this kind of moderate again let me walk not --"

" You know we've we've adopted a lot of -- intuitive control mechanisms when you're setting in the seat everything gets it right within -- I'll bucket seats dorm -- heated seats. That that this -- that just tells you everything you need them to know with the operator in charge technology which. Allows you to select the experience that you won't the car to get you high performance economy."

" So it has a lot of the same features you would expect in a normal gas powered car but how is it different because we know that some of the performance features are not going to be the same."

" Absolutely the biggest differences you don't have to put. View and it yeah. When you're when your market at night all you do is plug it -- it has been home board smart charger very easy to take care of in fact. Drive train comes right out about -- fans here in New York."

" Do you do you have -- like this in entertainment. Correct it also doesn't go as fast as normal cars -- the top speed you can get on this."

" Good question right now this is classified by the government as an -- Which has to have a maximum top speed of 25 miles an hour and operate. All roads of 35 miles an hour or -- that's about local roads are about 68% let me give you one more number. Fifteen billion miles a week are driven by homeowners within six point -- miles of their home. This particular vehicle hit that target."

" All right and we just we want to note Alexis his car costs 16000. Dollars. You compare this city GM volt which is going to -- for 40000 dollars as -- costs at Baghdad's. Anything gets a nice convertible hair and that's what I guarantee you we get into an open air vehicle even -- windows on that though why would you wouldn't. So I guess he's strolling around the city in this Alexis with their boys and not my kids would love that -- Bonnie thank you very much."