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We’re beginning to think that the real difference between a millionaire and a billionaire is simply whether or not one succumbs to the idea of building your own sports car. The latest to fall victim to that money trap is Dale Vince – a man with a vision for an all-electric, 330 horsepower beast capable of ripping off the 0-60 mph sprint in 4.4 seconds on its way to 100 mph in 8.5 seconds. Like a few other specialty racers we’ve seen surface recently, the Nemisis uses a Lotus chassis for its bones, while a pack of lithium-polymer batteries supplies the juice. And according to Vince, the cells can be topped off in 8-10 hours using a trickle charge.

All told, the car has a range of somewhere between 100 and 150 miles and boasts a theoretical top speed of 170 mph. Ecotricity, the company that builds the Nemisis, has its eyes set on besting the UK’s electric vehicle top speed record of 139 mph soon. So, how much would you have to pay for a car like the Nemesis? Vince isn’t saying, though considering that it cost around £25 million to develop (including a £400,000 investment from the British government), chances are it won’t be cheap should it ever hit production.

[Sources: Inventorspot, The Daily Mail]

Sounds Familiar: Millionaire drops big bucks to build Lotus-based EV sportscar originally appeared on Autoblog on Fri, 19 Nov 2010 18:27:00 EST. Please see our terms for use of feeds.

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Want to know what million sounds like? Well you’re not likely to find out. That’s the reported value of the highly coveted 1936 Bugatti Type 57SC Atlantic recently sold by Gooding & Company from the Peter Williamson collection. But while we got a rare chance to stop by the Mullin Automotive Museum in Oxnard, California, for an up-close-and-personal between the world’s most valuable car and our own Drew Philips, actually seeing it start up and drive would be a rare sight indeed.

Fortunately, onlookers had the chance when the Bugatti came down to the Pasadena Art Center Car Classic and fired up its 3.2-liter straight-eight – lest we forget that this is an actual functioning automobile, and not a stationary sculpture consigned to a pedestal. What’s more is that he caught it on camera in a pair of videos after the jump.

Photos copyright (C)2010 Drew Phillips / AOL

Continue reading Video: This is what million sounds like

Video: This is what million sounds like originally appeared on Autoblog on Tue, 09 Nov 2010 17:01:00 EST. Please see our terms for use of feeds.

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