Aspark has unveiled the production version of the Owl - a fully-electric hypercar - at the Dubai International Motor Show. The hypercar is considered the fastest accelerating car in the world with a 1.69 second zero to 60 mph acceleration time.

“We were the first company to present the concept of a full-electric hypercar back in 2017,” Masanori Yoshida, Aspark CEO said during the Owl unveiling. “The first to present the production version at the 2019 Dubai International Motor Show. We will be the first to deliver a full-electric hypercar to customers in the second quarter of 2020. And I am really proud of this.”

The Owl boasts a 280 miles driving range and a top speed of 248.55 mph. It develops 2012 horsepower from four permanent magnet synchronous electric motors and a custom torque vectoring system. Torque on the electric powertrain is around 2,000 Newton meters. Motor rotation is around 15,000 rpm, which is said to be the fastest in the world.

According to Aspark, the Owl EV has “almost three times more power than Formula-E cars and two times more than Formula 1 cars.”

A lithium-ion battery provides power for the Owl with a total power output of 1300 kW. This is paired with a Battery Monitoring System for automatic control. The battery is centrally mounted and an integral part of the electric vehicle’s chassis.

Charge time for the Owl is 80 minutes with a 44-kW system, which Aspark said it is looking to improve by 2020.

The body of the car is constructed from a single-piece carbon monocoque structure. It also has three levels of ground clearance and four driving modes. Height of the car is only 38.97 inches, and weight of the chassis is 265 pounds.

The chassis also incorporates a honeycomb feature to absorb shock and increase safety, Aspark said. Body weight of the Owl is 397 pounds using stainless steel frames under a carbon roof. A double-wishbone hydraulic suspension is also outfitted on the Owl, allowing the driver to adjust ride height from 3.15 to 6.30 inches.

Aspark is limiting production of the Owl to 50 units, which will be completely customizable, so no two cars are the same.

Production of the Owl will take place in Turin, Italy in collaboration with Manifattura Automobili Torino. First deliveries are set for the second quarter of 2020.

Price of the Owl is €2,900,000 ($3,192,610). To reserve an Owl, a deposit of €50,000 ($55,035) is required.

“It was a big challenge to meet the aggressive targets of the Owl but with the 14 years of automotive engineering know-how and with great support from our Japanese and Italian collaborators, we overcame all,” Yoshida said.

“The world would be a more exciting place if there were more people thinking about exciting things. That’s why we will never give up our mission and we will keep to produce many exciting projects like Owl,” he added.