as was said, nothing new - BTDTGTS (Score 1)

My classmate Al Cocconi has been building fast electric cars for years (http://www.acpropulsion.com./ Both his T-0 and the Venturi Fetish ($705,000) can beat Ferraris. Al helped develop the GM EV-1 which is also pretty darn fast and was in production briefly. See the article on tech cars including the Fetish in The March 2005 IEEE Spectrum, page 27. (been there done that got T-shirt)