The SP:01 is a two-seat sports car that, despite its diminutive size, makes an impressive claim:  world’s fastest purely electric vehicle. The Lotus-derived, targa-topped sportster will, says the company, blast to 62mph in 3.7 seconds and press on to a 155mph top speed.

The SP:01 features carbon-fibre composite body work over a stiff, bonded aluminium platform. The car’s mid-mounted electric motor, powered by a pair of lithium polymer battery packs, produces a healthy 201 horsepower. The rear wheels are driven through a four-speed manual transmission – a unique feature for a battery-powered vehicle, which develops torque at zero rpm. But for those drivers who prefer a more traditional EV experience, a two-speed automatic is available as an option. Total weight hovers right around 2,400lbs.

With production capped at 999 units, the SP:01 goes on sale this August, priced at a cool $135,000. For thwarted early adopters who aspired to a Tesla Roadster before that Lotus-derived, $110,000 EV left production in 2011, the SP:01 could be read as a rolling second chance – with an inflation adjustment.