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Is China’s first-ever supercar too good to be true?

Few took Chinese startup Techrules seriously when it displayed a futuristic concept (pictured) earlier this year at the Geneva Auto Show. Much to the industry’s surprise, the company has announced that its design study will spawn a production model called GT96 in the not-too-distant future.

Techrules has enlisted the help of renowned designer Giorgetto Giugiaro and his son Fabrizio to turn the concept into a reality. The father and son team are working on fine-tuning the concept’s lines, though it’s too early to tell how much of the original design will be retained for production.

The most surprising part of the GT96 is its drivetrain. Instead of using a traditional internal combustion engine, the coupe is fitted with a micro turbine that generates the electricity needed to drive the car. The specifications are jaw-dropping, at least on paper. The drivetrain generates 1,030 horsepower, enough to send the GT96 from 0 to 62 mph in 2.5 seconds and on to a top speed that’s electronically limited to 217 mph.

The GT96 is projected to boast a driving range of 1,242 miles, and return approximately 1,306 miles per gallon — neither of those figures are typos. If the projections are accurate, the GT96 will be the most efficient car in the world by a long shot. The technology is unproven at best, though Techrules emphasizes that it’s currently testing a prototype on the Silverstone race track in England.

Read more: Italy’s newest supercar packs 1,000 horses under the hood

If all goes as planned, Techrules’ GT96 will earn the honor of being the China’s first-ever supercar. The production model is scheduled to greet the public for the first time at next year’s edition of the Geneva Auto Show, a time frame that likely puts a tremendous amount of pressure on the team developing it. L.M. Gianetti will manufacture the car in Italy, and production will be limited to approximately 25 examples annually.