According to the company the car can be built, due to technological advances in materials and a reduction in overall costs. Apparently the cost for the materials would only be around $6,775 down from the earlier estimate of $47,400.
The original specs of the car consisted of an 8.5 horsepower, 299 cc one-cylinder engine. Those specs would probably have to be beefed up if it were to make it to production. The overall size of the car may also be an issue, considering the fact that it is a lot smaller than other cars on the road. But it is good to see that some manufacturers are trying to make a difference. Hopefully the final result will be able to not suffer the same fate as the Honda Insight.
Full Story: Jalopnik