Combining the hottest power source of the moment with one of the hottest hatchbacks on backorder makes for a good chance of success. With the statistics the Micro-Vett Fiat 500 electric car presents, the chances are even better.

Built by NICE, the same company that presented the all-new MyCar electric vehicle just yesterday, the Micro-Vett is powered by a lithium-polymer battery pack by Kokam, capable of storing 22kWh of electricity. That much power is enough to take the 500 to a 70mi (112km) range and a top speed of 60mph (96km/h). Recharging takes just 6-8 hours.

The car uses a five-speed manual gearbox, unlike the automatics or continuously variable transmission found on many electric cars, to enhance efficiency and keep weight down. Standard equipment includes a MP3-capable CD player, Bluetooth connectivity, air conditioning, ABS and 15" alloy wheels. A full complement of airbags keeps the passengers safe in the event of an accident.

Upgrades for the car include reverse parking sensors, climate control, sunroof, 16" alloys and metallic paint. Pricing hasn't been announced.