Since 2002, Smart has been in development with an electric smart vehicle mode. Unfortunately, as stated several times, the battery technology just isn't there yet, but it is getting close. The current electric is powered by a lithium ion battery pack that's mounted under the passenger compartment, and adds about 200lbs to the car. This one pack drives a single rear-mounted motor that propels the car to a top speed near 70 mph.When the battery dies, it will need 8 hours for a full charge.
For those who drive in the city, the range of the Smart ForTwo electric is more than enough, and its minimal recharging cost is attractive. Smart has stated that 1000 lease-only of these electrics will be produced and will be hitting the US by fall 2010.