The time appears to be ripe for the introduction of rare, exotic, electricsupercars. The latest newcomer is from a Swiss company called Elextra, which plans to launch its brand with an eponymous EV later this year.

The Elextra electric car will be exclusive, with plans for just 100 to be hand-built in Germany. It will also be powerful and quick, to match its Italian looks. Elextra’s two electric motors provide all-wheel drive, with torque independently distributed to the front and rear wheels for better traction. With a combined peak 680 horsepower, the car will sprint from a stop to 62 miles per hour in under 2.3 seconds (look out, Tesla). Top speed is limited, though, to 155 miles per hour.

Elextra makes extensive use of carbon fiber to keep weight down, which helps it achieve its impressive acceleration. At a cruising speed of 62 miles per hour, its battery holds enough charge for about 373 miles of driving range.

Designer Robert Palm, CEO of Classic Factory in Switzerland, tells Autocar that the Elextra EV will cost between €400,000 and €500,000 (about $445,000 to $556,000). The company targets next spring to show a working prototype, and the car could go on sale in 2019. If successful, Elextra could make another model, perhaps even another supercar, but has no definite plans for a second vehicle yet.

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