if you are converting it to electric then why not keep it front wheel drive? you already have the suspension, drive shafts, brakes and a while pile of other parts that you would otherwise be buying or making from scratch, you could even then tear apart the tranny and mount the electric motor right to the differential, this is more efficient then mounting it right on a rear end with a hypoed gear, when you get your tranny ripped appart just fabricate some bearing blocks to hold the differential and the motor, then seal up the edges to hold the gear oil, if you can handle a task like building a whole new drive train that task should be a cake walk.
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