Mercedes-Benz says they are all in with electrics, and Tesla is in the crosshairs. Intending to spend $12 billion in its electric-vehicle push, Daimler admits to having “spent more than that.” The Mercedes EQC crossover starts production in the first half of 2019. Daimler plans to offer 10 fully electric cars by 2022.

Another electric “hyperdrive” car has set a speed record by achieving 0-62 MPH in under 2 seconds. The car achieving this milestone is the Aspark Owl, an electric supercar from Japan. The powertrain is all electric. said “the Owl runs a pair of 40kW motors, offering up 429 bhp and 563lb.-ft. of torque.” It weighs 1,874 pounds and has all-carbon bodywork.