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New electric car 2x more fuel efficient than Nissan Leaf

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The One Euro is an all electric vehicle that can travel 100 kilometers for the cost of, you guessed it, one euro.

If there's one thing teenagers tend to have very little of, it's gas money.

With that in mind, Germany-based Opel has developed the One Euro, an all electric vehicle that can travel 100 kilometers for the cost of, you guessed it, one euro. In American speak, that's 62 miles for about about $1.32. Not impressed? Here's another figure: the Nissan Leaf has a MPG equivalency rating of 99 miles, which in comparison is roughly twice the One Euro's cost (gasoline prices average about 4 dollars a gallon).

To get that kind of fuel efficiency, the General Motors-owned automaker designed the One Euro to be about one third of the weight of a typical compact car. The ultra-lightweight two-seater also features a top speed of 75 miles per hour.

The concept vehicle is a spin-off of the Ampera, a hybrid vehicle considered to be the European version of the popular Chevy Volt that's due to hit the market in November. If this latest vehicle ever reaches production, GM plans to market the car as an affordable option for young drivers, which includes a version geared toward sixteen year-olds with a maximum speed of 45 km/h.

The General Motors-owned automaker will unveil the concept car at the 64th Frankfurt International Motor Show.

(via Press release)

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Tuan Nguyen

Contributing Editor

Contributing Editor Tuan C. Nguyen is a freelance science journalist based in New York City. He has written for the U.S. News and World Report, Fox News, MSNBC, ABC News, AOL, Yahoo! News and LiveScience. Formerly, he was reporter and producer for the technology section of ABCNews.com. He holds degrees from the University of California Los Angeles and the City University of New York's Graduate School of Journalism. Follow him on Twitter. Disclosure