Electro's superhero villain abilities includes being able to store, project, and manipulate electricity with his body, as well as manipulate magnetic fields. Not only can he fly, but he can also travel along electricity lines and through electrical appliances!
Andrew Garfield and Emma Stone are returning with Marc Webb returning to the director's chair as well.
Avi Arad and Matt Tolmach are producing the sequel.
The Amazing Spider-Man 2, which will be in 3D, is set to be released on May 2, 2014.
Here's the first trailer: