With the way development of cars are going, it seems ever so likely that electric cars are the future. Electric and hybrid vehicles are often associated with cars that are generally more efficient than it is powerful and fast. However, Ariel's upcoming EV hopes to change that with the 'Hipercar', which despite being an EV, churns out impressive performance figures.

Short for High Performance Carbon Reduction, Ariel's Hipercar is set to be launched in 2019. Also, do note that the name 'Hipercar' is a currently a working title. The UK-automaker will be providing a proper name once its official reveal date comes closer, though the name does sound fitting given its specifications.

Ariel announces electric 'Hipercar' with over 1,000 horsepower

Powered by four electric motors at each of the four wheels, Ariel says that each motor will be pushing out 299 horsepower, for a total of 1,196 horsepower. Apart from an outrageously powerful all-wheel drive variant, Ariel will also offer a two-wheel variant which outputs 598 horsepower. Customers will have the option to choose between a 42- or 56-kilowatt lithium-ion battery pack, which is coupled to a 35-kilowatt range-extending engine to provide better range.

Apart from the massive power figures, one key thing to note about the Hipercar is its weight, or lack there of. The Hipercar be built using a CNC folded, bonded aluminum monocoque chassis. Combined with the engine, Ariel claims the Hipercar to do a 0-97km/h in 2.4 seconds and 0-241 km/h in 7.8 seconds; it tops out at 257.5 km/h.

Ariel announces electric 'Hipercar' with over 1,000 horsepower

Suspension wise, it is said to use a double wishbone setup all around, with dampers supplied by Bilstein. Forged wheels will be used to help keep unsprung weight to a minimum.

The Ariel Hipercar in rolling chassis form is set to debut in 2019 with its components still exposed. Only in 2020 will the Hipercar officially enter production. No details have been released regarding its price.