Electric cars of the era were capable of 25-50 miles worth of range. That is the same range that the first generation of modern electrics had between the 90s and early 00s.
Electrics were pushed out for many reasons, but not being an ideal commuter vehicle wasn't one of them.
Something you guys are all ignoring: Taxes on primary residences. Constantly adjusting property tax has already lead to many people losing their property over the years. A better compromise might be that primary residences be either exempted from this new land value tax, or have it fixed to the time of purchase, not unlike Prop 12 used to (still does?) cover in California. The reason for this is that many people wish to settle down in one place. Some even take pride in living in the same location generation after generation. While many modern digital age people either forget, or don't understand that, variable property values could easily lose someone on fixed, little, or no income their property, livelihood, etc.
As far as commercial, corporate owned, and high density residential, along with non-homesteaded agriculture properties go, this might not be the worst idea. But at the same time it is just as likely to favor corporations and venture capital over individual owner/operators and their scrimp and save. Efficiency only matters if the rewards of said efficiency lift up the collective populace of society. If they simply consolidate an every larger slice of the pie into fewer hands, they will inevitably return us to de-facto feudalism and effective serfdom.
As a further consideration: How many of you liked those old hole in the wall comic shops, or newspaper stands, or record shops? Most of them are gone now, but there are/were a few surviving in little corners of the world, often because the store owner had been prudent enough to buy the property. Those owners could very well also find themselves priced out of their hard earned and fought properties, even if them being a cornerstone of that area or community is what was responsible for the increase in unimproved land valuation, since culture and niche businesses can have just as much effect as 'high income' businesses on an area's desirability. Consider Petaluma for an example, and while I don't have a counterexample I am sure someone here can show a region that depressed in value when iconic neighborhood commerce closed, whether due to being priced out of the area, or having eminent domain proceedings to give the property to a more worthy developer (see Jo Sun formerly down the street from the county jail in Sacramento California for an example.)
Electrics were pushed out for many reasons, but not being an ideal commuter vehicle wasn't one of them.