The Peugeot EX1 Concept has broken the lap record for an electric car at the famous Nurburgring racetrack in Germany by a staggering 50 seconds.

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French driver Stéphane Caillet piloted the low profile EV around the 20.8km Nurburring-Nordschleife circuit in 9:01.338, averaging 138.324km/h. According to Peugeot, the weather conditions were “unfavourable”, with the official images revealing a damp, overcast setting.

The EX1 Concept’s time smashed the previous record, a 9:51.45 set by the MINI E Race in 2010.

It may be a long way shy of super performance machines like the Porsche 911 GT2 RS (7:18) or the Nissan GT-R (7:24.22), but the Peugeot has a very different way of getting its power down.

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Teamed with its ultra-aerodynamic design and lightweight body (998kg), the EX1 Concept is capable of accelerating from 0-100km/h in just 3.6 seconds, which makes it quicker than a six-speed manual Porsche 911 Turbo.

Unfortunately, the Peugeot EX1 Concept is destined to remain just that, a concept, as Peugeot has no plans to launch a production version. That said, the expertise gained through its development will inspire the next generation of Peugeot vehicles, which is something we are definitely looking forward to.