Looks like taxi would be more efficient with a servo on the front wheel.

No parachute needed for this test pilot.

I think the design is very clean and very nice. With it being electric, it would also be very quiet. I think it would be great for those who like to fly but have no need to fly far.

A truly unfortunate acronym!
Forget about "flight time," let's talk about range at normal light plane altitudes. It seems that, as with its electric car brethren, range will be an issue.
On the other hand, for recreational pilots who only go up for short hops when the weather is nice, this might actually have advantages over gas power. Planes are thirsty, and the savings in gas costs might be significant. Plus, if you only fly once a week, recharge times become a non-issue. And maintenance might be considerably reduced if you take the internal combustion engine out of the equation.
On the third hand, though, electric cars don't fall out of the sky if they run out of juice.

Oh God.... how long will the battery last if you're doing steep turns? How will this prepare a student to transition into high performance and vintage airplanes. How will students prepare for their written exams if they don't learn to use reciprocating engines? How many airports are within range with energy reserves for cross country flights which are necessary to get a private pilot's certificate? How will this help at remote air strips???

I'm surprised that the wing area isnt covered in solar panels, it would help to extend range wile flying and enable recharging wile parked. It will of course being electric be EXTREMLEY reliable and wont require the same high levels of maintenace of conventional aircraft. It SHOULD also be far cheaper than conventional aircraft. I would like to think though that it has a good level of gliding ability and an emergency parachute fitted should the worst happen.

I noticed that they didn't say how much the battery weighed; I'm assuming that the pilot in the video was all it can carry. With that limited of a power budget I would have gone with manually retracted landing gear. Granted a muffler would help but most the noise from an ICE light plane is from the prop. If you noise reduction use reduction gear and a many bladed prop.

I look forward to the day that most lite aircraft are electric because they will produce far less noise pollution.

Airplanes don't 'fall out of the sky' unless there is some structural failure. Very unlikely ! Safety Nancys that want a ballistic chute to save their bacon when the motor stops would be better served polishing their stick & rudder skills than adding the extra weight of a 'chute.
Oh, and BTW, this aircraft has fixed gear - not rectractable.......

Its the props that make a plane noisy mostly, as you can hear in the video it still sounds like a normal ice powered plane. if you didn't know it was battery powered it would be an easy mistake to make.