The Toroidion 1MW Concept will be unveiled in less than a month. The mysterious two-seater electric supercar makes its first appearance at the event Top Marques Monaco on 16 April 2015. This is what we know so far.

Toroidion was established four years ago to develop an entirely new electric powertrain that would be competitive at the Le Mans 24-hour race.

“The Toroidion engineering team has now produced the first proof-of-concept supercar powered by our revolutionary high-performance powertrain. The Toroidion 1MW Concept car is street-legal and has been designed, developed and built entirely in-house,” writes Pasi Pennanen, CEO of Toroidion Ltd in a recent statement.

The name is referred to the fact that the car’s power is an equivalent to 1 megawatt of power (1341 hp). It is designed in Finland with a small group of dedicated engineers, but without a large amount of money. “It is a percentage of what large car manufacturers are spending on project like this. Probably ten per cent,” Pennanen told a national newspaper. “We spend money from our own pockets, which was an expensive journey.”

But why? “What we have achieved is going to revolutionise the electric vehicles globally. We have patented this revolutionary new thing. It is expensive technology and we know that there will be a lot of interest. We’re creating a top of the pyramid.”

Pennanen, aged 45, is an experienced car designer and has worked for Jaguar and Honda. He believes that one day his technology could be embedded in cars for a general audience.

Stay tuned for the Toroidion 1MW Concept that will be launched on 16 April 2015 at Top Marques Monaco (Grimaldi Forum, stand E1).

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Tim is co-founder of ElectricAutosport.com and works in international motorsport. He found his passion for sustainable racing by joining world's first competition for hydrogen electric vehicles in 2008. He does not doubt on the possibility of a break through of electric racing. And that deserves a platform to keep up to date and to interact. Tim operates on behalf of Formula Blue Media.

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