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EV Innovations Inizio and Wave (video)

It's the electric car gold rush. Everybody's making one!

EV Innovations unveiled its own planned line of electric vehicles, starting with two models, the Wave and Inizio. The latter of the pair aims to be a Tesla Roadster competitor.

But with less range, less power, and a bigger sticker, we're not sure if Tesla has to worry about the EVI Inizio just yet.

Now playing: Watch this: EV Innovations Inizio and Wave