Video: Electric car races Ferrari, Porsche -- and wins (updated!)

The Wrightspeed X1 has been getting a lot of media attention lately, with an increased interest in alternative energy amid high fuel prices. While this is not the most efficient application of electric car technology, it is most certainly the coolest. The X1's lithium batteries give it a 150 mile range. It can hit 60 mph in just 3 seconds -- that's faster than just about anything out there, less the $1.3 million Bugatti Veyron. It's faster than a Mercedes SLR, Corvette Z06, or Ferrari Enzo. It's also a heck of a lot faster than a Ferrari 360 Modena or Porsche Carerra GT, which it is shown racing in the video after the jump...

Below is another (older) video of the car in testing: