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In a sign that Americans may truly be ready to embrace electric vehicles, including living with any shortcomings and paying a significant price premium, demand for BMW's Mini E electric vehicle has outstripped supply by 4-to-1. The Mini E, which was revealed late last year at the Los Angeles Auto Show has a range of about 120 miles on a 2.5 hour charge and is being leased at $850 per month (about three times the prices of the regular petrol model). The savings in fuel costs will offset the lease price somewhat, though the recent return to sane petrol prices in the U.S.
2010 Mini E electric vehicle
    
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