The Chinese are offering its version of a hyper-electric car- the Xiaomi SU Ultra. This EV has 1,547 hp and accelerates from 0-60 mph in a blazing 1.9 sec. It has a range of 435 miles and charges from 10 to 80% in just 11 minutes.
Best of all it is priced less than a Porsche 911 at $75,000.