DPR1-1024x768Detroit, Michigan – Li-ion Motors Corporation, which won the 2010 X Prize for its all-electric propulsion systems, has announced that it will sell an electric two-passenger practical vehicle and a high-performance supercar to the public in 2011. The company is based in Mooresville, North Carolina.

The Wave II, a two-passenger vehicle with 28 cubic feet (792 litres) of cargo space, will start at US$39,000, while the Inizio sports car, which can accelerate from zero to 97 km/h in 3.4 seconds to a top speed of 274 km/h, will be $139,000.

The company is accepting deposits of $99 on the Wave II and $1,000 on the Inizio starting this month. “Throughout the X Prize competition and especially after our win, interest in the Wave and Inizio has grown dramatically,” said Stacey Fling, president and CEO of Li-ion Motors. “We have given all those who have contacted us a first shot for pre-order registration and we are determining our production cap so there will be a limited number left for each vehicle when it goes public.”

Fling said the company will also license its proprietary battery management system and other technology to establish automakers looking to leap forward in bringing all-electric vehicles to market.

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