A woman rides the Honda Motocompacto electric scooter.
The Honda Motocompacto
  • Honda launched a rectangular electric scooter that costs $995. 
  • It's a throwback to the Motocompo, a foldable Honda scooter from the 1980s that fit in a trunk. 
  • The Motocompacto goes 15 mph and has a range of 12 miles, Honda says. 

Who says electric vehicles are too pricey for average Americans? Honda just revealed one that costs only $995.

No, the Motocompacto is not a car. It's a quirky, little electric scooter for bopping around town or a college campus. And I'm obsessed.

I mean, what's not to love?