If you've put money down on an Elio, Electra Meccanica will match it, bringing the price down by up to $1,000 (to $14,500 US). A/C is a "mandatory option," so I don't know if that adds to the base price or, since it's mandatory, it's already figured into the $15,500. YES, it does have heat, but it's rear-wheel drive. It's got an LED digital speedo, doors on BOTH sides, small trunk in front and small hatch in the back and it's far more attractive than the Elio. A big downside for me is ground clearance of just 5". The YouTube video shows that its flat bottom will protect it from speed bump damage, but it also shows some ugly chips/gouges on the bottom edge of the fiberglass rocker panels. It's not for the long haul, with a range of only 100 miles, but it fully charges on 220v in less time than my Volt fully charges to 38 miles on the same charger.Its a race between this and the Elio to see who gets my money.