The latest such Bug EV is called the Lightning Bug and comes courtesy of an aftermarket golf cart manufacturer from Michigan named Dale King. With the recent business slowdown, King has had enough time to concentrate on the electric vehicle project and has reportedly spent just $13K to create a vehicle that's capable of hitting 70 miles per hour for distances of up to 100 miles. Those are pretty good specs for a conversion, but we're left wondering what kind of motor, batteries or controller are being used. Whatever the case, King would like to begin commercializing the product, so we may know more in time. Thanks for the tip, Steve!