It may not be ready to challenge Tesla just yet, but it looks like Turkish automaker Etox is about to get into the all-electric sportscar business with a vehicle that could cost considerably less than much of its competition. The company is reportedly now working on an electric prototype of its Zafer sportscar, and it says the car could run for as low as 30,000 to 35,000 Turkish lira (or roughly $19,000 to $22,000) when it eventually hits showrooms. Unfortunately, while the car will apparently boast a respectable 250 kilometer range, it isn't quite as fast as it looks -- the company says it'll top out at just 120 kilometers per hour, or 75 mph. It also looks like those plans for an actual production vehicle are still far from certain, as Etox is reportedly still waiting on government funding to get the assembly line moving.

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Etox plans all-electric Zafer sportscar, could sell for around $20,000