New submitter MotoJ writes: A Latvian company has announced plans to race a one megawatt all-electric race car. It has a 50 kWh lithium-ion battery pack and is propelled by six YASA-400 electric motors. It provides 1020 kW (1368 hp) and a top speed of 260 km/h. It has a real chance to become the first overall winner of the Pikes Peak International Hill Climb competition with an electric vehicle. That's something to look forward to and curious who will pilot this machine. The race is on June 28, 2015. The same company has an equally interesting all-electric off-road racer.