After being teased for quite some time now, the Rimac Concept One has finally made its official debut at the Frankfurt Motor Show. The Concept One is not only the proof that "supercar" and "electric" can be used in the same sentence, but it also previews a limited edition model that will arrive in 2013 in a quantity of only 88 units.

Mind blowing as it is to comprehend, Rimac is promising an output that’s unheard of for an electric sports car. Concept One uses a unique powertrain which is divided into four sub-systems, each consisting of one motor, inverter and reduction gearbox. With a total output of 1,088 HP and 2,802 lb/ft of torque, the Concept One will sprint from 0 to 60 mph in only 2.8 seconds and comes with an electronically limited top speed of 189 mph.

The Concept One is the work of some of the most famous designers around the world. The carbon-fiber body is designed by Adriano Mudri, while the interior is designed by a team of former Pininfarina employees, led by Mr. Goran Popović.

UPDATE 04/20/12: The Rimac Concept One has been on display at the 2012 Top Marques Monaco, which was the perfect opportunity for the company to unveil new images of the supercar. Check them out in the picture gallery!

UPDATE 05/07/12: Rimac has unveiled a cool teaser video for their Concept One supercar that will be produced in a limited run of only 88 units. Watch the video and see if this car is really worth the €740,000 ($980,000 at the current rates) price tag associated with it.

Hit the jump to read more on the Rimac Concept One.