McLaren’s first electric car is for under-sixes only

British carmaker McLaren has been talking about developing a pure electric vehicle for a while now, but we didn’t realize the company’s plans were so far advanced.

Yesterday, the carmaker unveiled the all-electric P1TM: a £375 ($486) kid’s car that boasts a top speed of 3 mph and is “the most compact car yet to wear the McLaren badge.” Now we can see where those rumors about Apple wanting to buy McLaren came from — this is some pretty impressive tech.

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