Formula E race team NextEV has launched a new brand - NIO - with its EP9 road car. Powered by four high-performance inboard motors with four individual gearboxes, it pumps out the equivalent of 1,360 PS for a 0-124mph time of 7.1 seconds and a top speed of 194mph. The electric supercar has also set a new lap record at the Nürburgring - completing the 20.8km ‘Green Hell’ in 7min 5secs - making it the fastest electric car in the world. With an interchangeable battery system, the EP9 is designed to be charged in 45 minutes and has a range of 265 miles.