The whole world is going electric or hybrid, at least they plan to when all the kinks have been worked out, so it shouldn’t be at all surprising that the automakers of the world have hit the ground running with new technology. Even Australia is getting in on the action, and a small company by the name of Varley Electric is getting its turn. This automaker has just unveiled their evR450 - the first Australian electric supercar - at the 3rd annual Australian Electric Vehicle Conference.The evR450 is powered by two locally sourced Ultramotive electric motors, each with 210 HP and 385 lb-ft of torque for a total output of 420 HP and 770 lb-ft of torque. This setup will sprint the car from 0 to 60 mph in just 3.8 seconds, while top speed will be limited to 124 mph.The electric motors will take their power from lithium-ion batteries that will ensure an autonomy range of 93 miles, but this can be extended to 186 miles with a range-extension package.The new evR450 will go on sale in January 2012 and will be priced at around $210K.