The new Maya 300 has a revolutionary new lithium ion battery that recharges in 8-10 hours from a regular 110 volt outlet with a range of 120 miles. It will have an expected price of $20,000-25,000, which will make it highly competitive when it is released in 2011.
The battery and car were developed and will be marketed by Electrovaya and ExxonMobil. Yes, you read that right. ExxonMobil.