It would but we arent there yet. As the tech improves and the batteries get better/cheaper then we might get closer but I think you are dreaming expecting to see a £25k MGF EV. You dont even get £25k 2 seater sports cars nowadays. Prices have rocketed with all the tech onboard. Cheapest MX5 is £28k. and go up to £35k on the spec and they are a 8.5s 0-60 car. So yeah you might put a very smell electric motor in a 2 seater sports car with a small 100 mile range battery and match the 8.5s time but who would buy it? Its offering nothing over the MX5 as the speed performance gain of EVs wouldn't be there and the 100 mile range would annoy people.i am no badge snob and indeed i love it, as it means great cars for great prices........ however at £65k i am disappointed.
I hope the car sells well but what the market really needs is an MX5 equivalent of an EV and the cyberster is certainly not that.
I would love them to release a new electric MGF for around the £25k mark. it doesnt need to be blisteringly quick (though by its nature it would likely smoke the petrol one) but a "light weight" (note the " " ) 2 seater EV with soft top for a sensible price and reasonable performance... i think that would sell. practically because it would need to be 150mile+ range i suspect it would be a little bigger than the old ICE car but even so it could be relatively small.
Originally it was hoped that the Cyberster would come in at £40k and if it had, that would have sold very well indeed.
But since the other 3-4 2 seater EVs about to be launched this coming year are all over £100k, I think the cyberster will have a market and a strong following.