The Rimac Concept_One electric hypercar will make its debut at this year’s Salon Privé, known as UK’s most prestigious Supercar Event and Chubb Insurance Concours d’Elégance – held between September 5 and 7 at London’s Syon Park.

Only 88 examples of the Rimac Concept_One will be produced and each will cost $1 million.

The team behind the Rimac Concept_One includes, among others, designers who used to work for the fabled Italian styling house Pininfarina and top Bulgarian leather workers from Vilner.

This unique new electric hyper car has the capability of producing the equivalent of 1,088 bhp due to its 92-kwh battery, which powers a total of four electric traction motors with their placement being one per wheel. All four systems can operate independently and accelerate and decelerate hundreds of times per second. Rimac labels this as All-Wheel Torque Vectoring (AWTV).

According to the company, the Concept_One’s performance is impressive with 0-60 mph in just 2.8 seconds. It will have the ability to reach a top speed of 190 mph and a range of 373 miles. The curb weight is 1,850 kg. (4,079 pounds)

Rimac Concept_One_interior

Company founder and CEO, 24-year-old Mate Rimac, commented on the inception of the audacious high-performance car.

“We started with a blank sheet of paper. The idea was to create an exceptional supercar with a new propulsion concept.,” Rimac said. “What we have here is a fully-fledged hypercar that is as powerful as a Bugatti, as stylish as a Ferrari, and as luxurious as a Mercedes, all while managing to forsake even the tiniest sip of gasoline.”

David Bagley, sales director of Salon Privé spoke also of the car to be debuted at the UK event.

“We are extremely pleased that the Rimac Concept_One will be making its UK debut at Salon Privé this year,” said Bagley. “This EV supercar is a true representation of innovation in the electric sector, and Salon Privé provides the ideal showcase for the car to be exposed to the UK market for the first time.”