Unfortunately, this analysis fails because you are comparing a 4 seat utility airplane with a 2 seat trainer. A better comparison would be with say the Allegro

Unfortunately, this analysis fails because you are comparing a 4 seat utility airplane with a 2 seat trainer. A better comparison would be with say the Allegro, $100k, or the Cessna 162, $150 k. Furthermore please note that the article headline is overly optimistic and misleading... instead of "saves 80%" it should read "hopes to save 80%". I have a feeling that this hope may not be realised. Edit: Actually the "eFlyer 2" looks almost identical to the Arion Lightning (so similar that I would be surprised that it is not the same airframe), which sells for $120,000 ready to fly.