NextEV's NIO EP9 electric supercar, which was unveiled earlier this week, has achieved a new lap record at the Nürburgring Nordschleife racetrack to makes it the fastest electric car, and the fifth fastest of any car, to ever go around the track.

The Chinese supercar completed the 12.9-mile lap of the legendary German racetrack, where all supercar speeds are vetted, in 7 minutes and 5.12 seconds. Only the Radical SR8LM and SR8, Porsche 918 Spyder, and Lamborghini Aventador LP 750-4 Superveloce have produced quicker times.

It's a staggering feat for a car powered only by electricity, but one that becomes a little less surprising when you learn that it brandishes a wicked 1,390HP engine, capable of whipping its driver from 0 to 60 in just 2.7 seconds and reaching top speeds of 194 mph. Yes, you read that right: 0-60 in 2.7 seconds, in an electric car. Not only that, its battery is charged in 45 minutes and has a range of 265 miles.

It’s unclear what NextEV will do next: will it make mass-market cars for regular people, or luxury supercars like this one for one-percenters? In a statement, NextEV Chair William Li said, “We believe that when the car ownership experience exceeds expectations, electric vehicles will become the natural choice for everyone, leading to a more sustainable tomorrow.” A hint at the former perhaps?

NextEV hasn't put a price on the NIO EP9 just yet, but seeing as it cost $1.2 million to build, you can expect it to be a small fortune. Check out the car above, and watch its record-breaking Nürburgring Nordschleife lap below.

Meanwhile, Mazda just unveiled a new prototype race car.

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