Originally developed on a Factory Five chassis, at least one source claims that Izaro no longer has any relationship with said company. Izaro explains that the roughly 2,200-pound chassis they're using is fabricated from basalt fiber, magnesium and high-strength steel, and will hide one of two engines: a 495-horsepower electric motor or a 416-hp hybrid combo.
Since current fashion dictates that planned electric supercars need to be accessorized with whopping projected specs, Izaro doesn't disappoint: 0-to-62 miles per hour in under four seconds, a 150-mile range in the electric variant and 428 miles in the hybrid, with a €60,000 ($76,089 U.S.) starting price. Since you probably won't see it anywhere else for a while (if ever), you can check it out in the gallery of high-res photos below.
Sources: Izaro Motors