I strongly disagree with the general "trend of thought" of Arthur and Tikay. This car (company) IS technically revolutionary, and the TZero is (and the new European sports cars based on it are) brilliantly designed. Just a few points you "experts" haven't yet considered, apparently.
i) This vehicle has the added advantage over gasoline engines of regenerative braking energy recovery.
ii) The developers, ACPropulsion / TZero, have long shown their earlier prototypes "C/W" little integrated IC engine-generator trailers. The trailers are tiny packages like the ones you see towed by bikers, and contain generator and fuel tank and cabling sufficient to extend range to unlimited.
iii) Efficiency / pollution.
TZero Efficiency Brochure shows the TZero getting better fuel miles-per-unit-fuel [eg. btu's of gasoline potential into auto tank vs. btu's of fuel energy into central generating station] than a Honda Insight Hybrid (which gets 56 mpg) even when ALL the electricity is generated with natural gas. Switch a logical proportion of it to renewables or coal-with-CO2-capture or nuclear, and this car concept essentially resolves global warming concerns, foreign imported fuel economic and security issues, and "Hubberts Peak" concerns, all in one SWEET package.
iv) Charge time. I do know that ACPropulsion has made serious breakthroughs in the design of electric auto charger systems, using the drive motor as the current-limiting inductor / xformer and the drive electronics package as the charger voltage control. It is a very mass-cost efficient system which exploits microprocessor intelligence to replace equipment and 1) eliminates the cost of the external charger 2) makes the car battery system a full-rate backup UPS system for whatever electric system it is plugged into (PHEV+) 3) enables very rapid charging, eg at the maximum pace the batteries will accept 4) means the car can plug into ANY 120-240V circuit at any location with no external charger required. It does require a double insulated motor, and no doubt endless yet-to-be-granted approvals from all sorts of regulators and utility companies (likely why they're still limited to the slow-charge external package they're offering) but once available will be revolutionary.
v) They're currently having to hand-build-package the battery packs themselves from little AA-ish units hand-soldered into high-voltage units. Very costly. Get them some volume and the cost of that part will plummet.
vi) The drive motor they've developed is an absolute marvel of high-tech engineering, providing huge power / torque figures from a very lightweight package as a rugged low-cost induction unit. (excellent perfornance across a very broad range of rpm and very economical vs. PM synchronous types usually used.)
vii) The PHEV+ concept, given even a minor bit of intelligent grid communication and some plugs in company parking lots, also allows the electric utility to use the auto chargers to "fill in" the valleys in their daily load profile, allowing a far higher proportion of electricity to be generated by high-efficiency baseload units rather than the wasteful simple-cycle gas peakers they now use. The potential of this alone to improve overall energy efficiency should justify a larger tax break for these sorts of autos than for anything dumb like "85% ethanol ready" etc.
In general, these guys are doing in their garage what, if eg. GM or Ford had done when California demanded it, would have completely changed the auto market. One can't help concluding that the auto companies already knew that, or else they're just so slerotic they deserve to go the way of Chrysler.
I really did expect better from you "ex"perts though.