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While it is interesting that it's an electric car, the fact is that lightweight cars have it all over even the most expensive exotics. It's all about power to weight, and the extremely low weight makes them ultra-quick in the corners.
Unfortunately (or fortunately depending on your perspective) series production cars have far greater legal requirements than track toys or kit cars do - bumper regulations, emissions control systems, side impact beams, airbags, etc etc etc... All of this leads to significantly greater weight and expense.
For a killer lightweight google for Radical SR4.
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