A Chinese EV maker just revealed a 1,300 horsepower supercar | Money [Video]

The company says the angwang U9 has four electric motors and, with all-wheel-drive, can reach more than 60 miles an hour in just 2.3 seconds. It’s priced at 1.68 million Chinese yuan, or about $230,000 US dollars. That price is similar to relatively entry level supercars, such as a base model Lamborghini Huracán with its 631 horsepower gasoline-powered V10.