Electric RaceAbout laps the 'Ring in 9:40

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Electric RaceAbout – Click above to watch video after the jump

No, it’s not a record-setting lap, but with a time 9 minutes and 40 seconds, the Electric RaceAboutdid narrowly beat the 9:51 lap set by a modified Mini E back in 2010 at the famed Nürburgring in Germany.

Sure, the radically styled Peugeot EX1 lapped the ‘Ring in 9 minutes 1.338 seconds, but not all electric vehicles are blessed with 340 horsepower and an aerodynamic design that our boy Domenick Yoney called “electric sex on wheels.” The RaceAbout’s 33-kWh lithium-titanate battery pack sends juice to four wheel-mounted electric motors and, theoretically, the RaceAbout reach a top speed of 136 miles per hour. The Electric RaceAbout may be crude, but it’s a work in progress – and it was built by students at the Helsinki Metropolia University of Applied Science, not a big multinational corporation. So take that, Mini.

Want to see what we’re talking about? Hit the jump to catch video of the Electric RaceAbout ripping ’round the ‘Ring. Looking for more on the Electric RaceAbout? Click here for an information overload.