In the midst of a crisis, insolvent car-builder Karmann is building several prototypes of an electric vehicle, reported the German newspaper Welt am Sonntag according to Manager-Magazin yesterday. The E3 will have a reach of 150 kilometers (93 miles) and a maximum speed of 140 km/hour (87 miles/hour), making it attractive not only for the city but also for commuters. The sport limousine will differ from other developer’s models – like the US-born Tesla Roadster and the Chinese BYD – in that its battery is not located in the interior compartment but in the undercarriage, according to the magazine. Karmann will be producing up to six prototypes for local energy provider EWE. The car will be presented at Hannover Messe at the end of April.