A new New York company plans to complete financing this year for a plant to produce electric cars and begin rolling out the three-door, plug-in hatchbacks in late 2010, the company chief executive said Friday.
The company will market at least two versions of the NXR that will come with a variety of options, including navigational and audio systems and climate control.
One model will operate on a lithium-ion battery and will be able to reach speeds of up to 65 mph with a range of 100 miles on a single household charge. It will cost between $20,000 and $25,000. A second city model would have a top speed of 50 mph, with a 50-mile range, on one charge of its cheaper lead-acid batteries. It would sell for about $17,000.
The car is somewhat unusual in that it features an emergency charge, which will give the car an extra few miles just in case the driver runs out of juice.