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A car that could save the planet—fast

Ian Wright has a car that blows away a Ferrari 360 Spider and a Porsche Carrera GT in drag races, and whose 0-to-60 acceleration time ranks it among the fastest production autos in the world. In fact, it's second only to the French-made Bugatti Veyron, a 1,000-horsepower, 16-cylinder beast that hits 60 mph half a second faster and goes for $1.25 million.

The key difference? The Bugatti gets eight miles per gallon. Wright's car? It runs off an electric battery.

Wright, a 50-year-old entrepreneur from New Zealand, thinks his electric car, the X1, can soon be made into a small-production roadster that car fanatics and weekend warriors will happily take home for about $100,000 --a quarter ton of batteries included. He has even launched a startup, called Wrightspeed, to custom-make and sell the cars.

(For a photo gallery of what's under the X1's hood, click here.)

Last November, Wright towed the X1 to a racetrack near Sacramento to see how his prototype would do against a Ferrari and a Porsche. On paper, a win seemed guaranteed. But he hadn't yet run the car full out.

In the first matchup, the X1 crushed the Ferrari in an eighth-mile sprint and then in the quarter-mile, winning by two car lengths. In the second race, against the $440,000 Porsche, the two cars were even after an eighth of a mile. But as the Porsche driver let out the clutch in a final upshift, his tires briefly lost traction. The X1, blazing along in its software-controlled performance mode, beat the Porsche by half a car length.

It never occurred to me that I would lose," says Kim Stuart, the Porsche's driver. "It was like a light switch. He hit the pedal and was gone." [CNN Money]

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