The plane is not FAA certified yet (the first and only prototype flew in February), and the 4 seater (which accounts for half of the 220 preorders) won't fly until 2022, and then will have to seek FAA certification too.[1]
Electric motors and batteries have a long way to go to even come close to power density and weight of kerosene or gasoline aviation engines.[2] Batteries also don't get lighter with reduced charge - something most aircraft rely on with designs and efficiency (ie. 500lbs of batteries weigh the same when nearly empty).
It's also notoriously difficult and extremely expensive to certify new engine types for general aviation commercial pre-built's - which is part of the reason majority of modern GA aircraft still use very old engine designs (just not worth the investment from the manufactures). You can't just show it works... it has to be proven to work in a number of extreme situations and for very long duration with extreme reliability.
Getting a new engine type into an Experimental Type Aircraft is much, much easier...
I'd also hope the motor electrical system is fully isolated and separate from the aircraft's other electrical systems (maybe I missed it, but I haven't seen anything discussing this so far). Electrical problems happen, and losing all systems plus the motor at the same time would seriously jeopardize the safety of this aircraft.
I wish Bye and his company the best, but I'm skeptical.
[1] https://en.wikipedia.org/wiki/Bye_Aerospace_eFlyer_2 [2] https://aviation.stackexchange.com/a/26919/2294