Ford is building a fully electric dragster

Ford is expanding its Mustang family with a purely electric dragster version. The prototype of the Ford Mustang Cobra Jet brings a little more than 1 megawatt on the road and should be able to cover the quarter-mile in under 8 seconds.

Testing is still underway for the Cobra Jet 1400, which will make its world debut later this year at a drag racing event. Whether this will lead into a larger series is still entirely open.
ford.com, motor1.com