The team behind the CRC Speedshow has unveiled plans to build what will theoretically become the world’s quickest street-legal electric vehicle. Dubbed ‘Project Craz-E-Horse’, the 2007 Ford Mustang is being built and managed by Mitchell Race Xtreme (MRX) and supported by American electricvehicle builder John Metric and the US’s National Electric Drag Racing Association. The car will be powered by a brushless eight-phase DC (BLDC) electric motor rated at 1491kW (2000hp) and 1355Nm torque from 0rpm upwards. This will be aided by 252 lithium cobalt oxide sleeper-cell battery modules, and send power to a nine-inch diff fitted with Strange 40-spline axles. The Speedshow team states that, theoretically, the car should run in the mid seven-second zone. The Mustang will be launched at the CRC Speedshow in July, before hitting the strip as soon as possible after that. We’ll bring you more once it does.