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I just hope they do a clean sheet design like Tesla. When GM, Mercedes, et al. design an electric car, it's engineered like an ICE vehicle and then they slap in some batteries and an electric motor.

Well that's not quite right. The BMW i3 is a ground-up EV, as is the soon-to-be-released Chevy Bolt.
 
Holy crap! I'm actually a bit jazzed now, I've seen some of their concept cars over the years and there's a few that I'd fork over some coin for. They're an engineering and design company - they've designed suspensions in two of my Benzes, but they do build out some pretty nifty product - if you're ever in Geneva for the car show don't miss their demo...

http://www.autoblog.com/2015/03/04/magna-steyr-mila-plus-geneva-2015/
Mila, about halfway down: http://www.motortrend.com/news/top-five-technologies-at-the-2014-geneva-motor-show/
and, my favorite, the Aerolight (with some other pics): https://sites.google.com/site/coolcarsnstuff9000/mila

CNG and EV are something they've been on the forefront of for years...
 
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