According to the campaign, the point of the Kickstarter "is helping take a company that has built a car, run it as a prototype, learnt from these lessons and now taken the design and engineering one enormous step forward." If successful, the team hopes to build a running version of the JP1 with a mid-mounted, aluminum 5.0-liter V8 pumping out 563 horsepower (420 kilowatts) and 413 lb-ft (560 Newton-meters) to the rear wheels and wrapped in a carbon composite body. Joss promises acceleration to 60 miles per hour in about three seconds and a top speed of 211 mph.
From there, it wants to sell five of them before further developing the JP1 as a small-volume production car for Europe and eventually the world, if it all goes to plan. Because so much of the work is already done thanks to the earlier prototype, Joss thinks it could have the first JP1 ready within about 17 months of the end of a successful Kickstarter campaign. Production versions would cost about 600,000 Australian dollars ($560,000).
So far, though, it's quite slow going. The funding is only at $12,751 with 93 backers and ending on September 30 for those in the US. That's a really long way left to go to get the car built. Scroll down to check out the team's Kickstarter promo video.