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It looks great and classy, but I highly doubt they will be able to build a very lightweight EV with a usable range and modern safety standards unless they are aiming for next-gen technology like solid-state batteries. In this case, production by 2026 is very questionable. For example, the current leader - the barebone Tesla Model 3 Standard RWD, with a small ~52kWh battery pack and an ideal range of around 240 miles, weighs 3,554 lbs. This weight is significantly lighter compared to every other EV on the road. So unless they are using some groundbreaking technology, I highly doubt it will be much lighter.
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