The Olinia Uno is a planned six-passenger car that can travel up to 125 kilometers (77 miles) on a single charge. It is expected to go on sale next summer for about 150,000 Mexican pesos or roughly $8,500, according to a press release.
The car is designed for urban settings and has a top speed of 50 kilometers (31 miles) per hour.
If it were faster, it would be classified as a different vehicle and be subject to safety requirements that would double or triple the price.