There's so much ignorance on this blog that ther is no point in reading any of the comments. I particularly thought the claim that the oil companies are holding down the top speed was about as naiive and childish a conspiracy theory as one could imagine. There are several reason for putting a governor on an electric car - the usual reason is to meet the regs in which it operates - as a low speed vehicle (which this is classified as in order to be able to operate in many places) means, guess what? THAT IT IS A LOW SPEED VEHICLE. DUH! With those few batteries, I guarantee you that the "top speed" won't allow you to go on any highway.
This vehicle is basically a golf cart which will have very limited usefulness. The claim that it will make an appreciable difference in emissions is pure BS. As to operating expenses, electrics with advanced batteries cost a LOT of money to operate - just ask any EV-1 driver who had to pay $30,000 plus every five years for new batteries. I suspect, however, that this car uses antique lead acid batteries, circa 1900. Most such batteries (basically open cell golf cart batteries) are classified as hazardous materials and cannot be shipped by air. Save yourself a lot of headaches and money and wait until a viable plug-in goes into production. These cars are virtually useless and are totally impractical niche cars that can't take you much of anywhere.