This is just in time for the new administration to order up a raft of these new ultra-efficient carbon fiber plugin hybrids for government use.  They have the right stuff to save the climate and save taxpayers fuel costs for government employee driving. 

from their website:

Bright Automotive is developing a 100+ mile per gallon, purpose-built, plug-in hybrid electric vehicle. This revolutionary product is a ground-up vehicle designed with optimized platform physics, including light-weighting, best-in-class aerodynamics, low rolling resistance tires, and sustainable materials.

Our vehicle is designed to provide superior fuel efficient performance with a breakthrough customer experience. The vehicle operates in all electric mode for the first 30 miles, then operates in hybrid mode with a full range of 400 miles. Bright Automotive’s smart vehicle architecture is also designed to return stored energy back to the electrical grid - potentially reducing peak energy demand.

Best of all, Bright Automotive vehicles are profitable to produce and affordable to purchase. With a lower cost of ownership than the competition, our vehicles are economic solutions for our customers.

Meanwhile everyone else but Audi and BYD of China dither,  these two companies have plugin hybrids in mass production already.  But they can't match the performance and low cost of the Bright Automotive technology.  President Obama please take note!