From carmakers to the White House, nearly everyone is pushing toward a future with electric vehicles (EVs).
But for those living in urban areas, a unique type of EV is necessary — one that’s compact, efficient, and affordable. That’s what Eli Electric is creating.
This company has developed an EV that is specifically designed for urban residents. It’s half the size of conventional cars, up to ten times more energy efficient, and sells for less than $12,000.
Eli Electric has sold more than 100 vehicles throughout Italy, Germany, and Austria. Now the company is seeking capital to begin sales in the U.S. later this year.