Think your car is fast? It probably can't beat this souped-up, all-electric Chevy Corvette from the green vehicle enthusiasts at Genovation Cars in Rockville, Md.

The company's all-electric prototype Chevrolet Corvette, dubbed the Genovation eXtreme Electric or GXE, is now certified by the International Mile Racing Association as the world's fastest street-legal electric car. As you can see from the video below, the heavily modified Corvette hit a record-breaking 186.8mph without any trouble to earn the title.

Genovation said it was testing the car at the Johnny Bohmer Proving Grounds/Shuttle Landing Facility in Florida on Feb. 23 as part of a research effort to improve vehicle performance when the GXE had its record-breaking run. The previous record was 177mph, set by a Finnish prototype car.

"We are thrilled that the result of our development testing led to the setting of this record," Genovation CEO Andrew Saul said in a statement. "Based on our experience so far, we believe the car to be extremely robust as we set the record on our first day of testing. We fully expect the car to do a lot more."

The GXE is based on a 2006 Z06 Corvette and includes a "state-of-the-art battery management system, inverters, batteries and electric motors that produce in excess of 700-hp and 600 lb-ft of torque," Genovation said. The car has a range of 130 miles during "normal driving operation" with a "near 50/50 weight distribution and is optimized for a low center of gravity."