The NIO EP9, the electric supercar from automotive start-up NextEV – has set a new lap record at the famous Nürburgring Nordschliefe, making it the fastest electric car in the world.

The EP9 set a lap time of just 7:05.12 around the 20.8km ‘Green Hell’, beating the previous record of 7m 22s.

NIO’s supercar then went on to smash the Electric Vehicle record (2:40) at Circuit Paul Ricard with a time of just 1:52.780.

The company describes the car as a ‘1 megawatt 3g supercar’ – its four electric motors producing power roughly equivalent to 1360PS, while its carbon monocoque chassis and active suspension deliver a driving experience that encompasses 2.53 lateral g during cornering at 230 kph and 3.30 g under braking.

The EP9’s other numbers are equally impressive: 1480Nm peak torque from zero rpm from each of the four motors with torque-vectoring four-wheel-drive, 0-62mph in 2.7 seconds, 0-200kph in 7.1 seconds, a 10.1-second quarter mile and a top speed of 313kph (194mph).

Power for its 777V power-train comes from two changeable water-cooled lithium batteries weighing 635kg, with overall vehicle weight of 1735kg.

NIO claims a driving range of up to 427km (265 miles) and a 45-minute charge time.

Launching the EP9, NextEV Founder and Chairman, William Li, said: “The NIO EP9 was born to push limits and is the first stage of automotive production for NIO. It is a statement of our vision and technical and manufacturing capabilities. It is a best-in-class product that showcases what is possible with electric vehicles. We believe that when the car ownership experience exceeds expectations, electric vehicles will become the natural choice for everyone, leading to a more sustainable tomorrow. And with that, our vision of a blue sky will come true.”

NextEV already has experience in performance electric vehicles, its NIO Formula E team winning the inaugural driver’s championship in 2015.

Setting its sights on road-going vehicles, the company announced it had gained an Autonomous Vehicle Testing Permit and would soon begin testing autonomous vehicles in California.

Update 12/5/2017: They’ve done it again, this time lapping the Nurburgring Nordschleife in just 6mins 45.9secs.