Technology

Tesla Motors Inc Does Not Make Fastest Electric Cars

Tesla Motors Inc Does Not Make Fastest Electric Cars

Tesla, which is known for its innovation, is the world’s largest manufacturer of electric cars, but it does not make the fastest electric cars. The title of producing the world’s fastest electric cars goes to Genovation, which most have not heard of until now. The company describes itself as “the green car company.”

Tesla not the fastest

Tesla has a lot of things to its credit. This Elon Musk-led all-electric car company is changing the world fast and is solely responsible for the accelerated pace at which electric cars are proliferating in society. Tesla has put pressure on other automakers, which have now started devoting a larger share of resources to electric cars.

Tesla’s Model S sedan has proven to be a game charger as it offers lightning-fast acceleration and phenomenal handling. However, Genovation’s car leads when it comes to being the fastest EV. Until now, it was assumed that Tesla’s P90D version is the fastest electric car in the world since it takes less than 2.8 seconds to hit 60 mph, and the top speed of the vehicle is limited to 155 mph.

Genovation is much more than a green car company though as it modifies cars with all-electric drivetrains. It’s not just about making them eco-friendly but also about tearing up the race track.

Still uses manual transmission

Genovation has several accomplishments under its belt, but the latest jewel in the company’s crown is the record of manufacturing the fastest street legal all-electric car, reported Engadget. Genovation’s GXE model features an electric motor that cranks out 700 hp and 600 lb-ft of torque. The car’s range is approximately 130 miles per charge, but this isn’t the most notable fact about it.

On Feb. 23, the GXE ran at the Johnny Bohmer Proving Grounds/Shuttle Landing Facility in Florida where it hit a top speed of 186.8 MPH, far ahead of the prior record speed of 177 MPH. The craziest thing about the GXE is that it still uses a manual transmission. The price tag of this vehicle is $335,000. A 700-horsepower car with a manual transmission is very awesome, whether it is electric or not.

On Tuesday, Tesla shares closed down 1.31% at $202.60. Year to date, the stock is down by almost 16%, while in the last year, it is up by over 4%.