The $1 million electric supercar will zap to 62 mph (100 kph) in less than three seconds, so they say.

It feels as if every other week we stumble upon the next all-electric supercar wannabe. This time around, China’s NextEV known for its involvement in Formula E is apparently working on a new high-performance vehicle set to adopt a pure electric powertrain. The attached sketch was published on a social media site from China and the folks from Electrek have learned from sources close to NextEV the teaser image is legit and that it actually paints an accurate picture of the real car.

The rather spectacular design sketch shows an avant-garde supercar with a wraparound windshield and a curvaceous body featuring gullwing doors and muscular fenders. The teaser, or whatever you would like to call it, is no doubt promising, but let’s hope there is more to this all-electric supercar than just a simple render.

Backing up the appealing design are some impressive preliminary technical specifications. It is believed the unspecified electric powertrain is able to generate one megawatt of power, so the supercar is said to provide a whopping 1,000 kilowatts (1,360 horsepower), much like the Koenigsegg One:1. The immense electric power is going to enable NextEV’s supercar reach 62 mph (100 kph) in less than three seconds, with close to 2.5 seconds being a more accurate estimation.

A full reveal is scheduled for November and shortly after that the zero-emissions supercar will go on sale at an estimated starting price of $1 million. It’s going to be available in low volumes since people familiar with the matter have revealed production will be limited. Further down the line, NextEV will introduce a more affordable electric vehicle at home in China and it might also launch it in United States and other countries in the years to come.

Production of both cars is likely to take place in Nanjing, China taking into account NextEV has already reached an agreement with the local authorities to build a new factory following an investment of approximately $450 million.


Gallery: NextEV supercar