According to Phoenix Motorcars of Ontario, California, this pickup can go 95 mph with a 0-60 time of 10 seconds. It's on board charger that can bring the charge up to 95% in 10 minutes. The battery, made of 900 pounds of Altair NanoSafe lithium titanate batteries, is expected to last 250,000 miles/12+ years. Expect a price in the $40K range for this limited production truck.
Even though energy is lost when a raw energy source is turned into electricity, pushed through wires, and stored in an electric car, electricity is still cheaper than gasoline as a source of vehicle power. The nation's electrical infrastructure, which is over built to meet peak demands, is underused most of the time. Using power plants in during off-peak times would help maximize an underutilized resource available everywhere that we already regulate and understand the consequences of it's use.
Lowering demand for gasoline would cause the price of gasoline to drop, extending the benefit of electric cars to fossil fuel drivers.
Why in the world would low gas prices extend the benefit of electric cars?
Think about it as a whole as in how would everyone benefit not just a single owner. Then you will get the point
Well, it is true that the only thing that currently tends to curb gasoline consumption is high gas prices, but high gas prices also hurt the economy and we all depend on a healthy economy.
Over time, people tend to get the point. Stop-gap measures like electric cars provide competition that will help keep gasoline prices sane by lowering demand until we can transition over to something like hydrogen that would be less prone to profit taking/controlling like oil.
Hopefully, this transition will be smooth with consumers taking the lead to force the issue with their choices and demands rather than market crisis management.