Zenvo Automotive is a Danish sports car company located in Præstø on the Danish island of Zealand. It has produced a unique hand built supercar. The Zenvo ST-1 is built mainly from carbon fiber and is powered by a 1,250 horsepower engine!
The term horsepower was coined by James Watt, who invented a new type of steam engine in the eighteenth century. Watt found that the horse could do a certain amount of work per second; when he sold his steam engines, this measurement allowed him to estimate the worth of an engine in terms of the number of horses it would replace. Therefore, a five-horsepower engine was capable of replacing five horses.
How many horses would the Zenvo ST-1 replace?
The supercar costs 1.8 million dollars.
The funny thing is that you can’t buy it in the company’s home country of Denmark. “Why”, you ask?
Because the supercar would be super expensive. In Denmark you have to pay 180% tax on the price of the car and on top of that you also have to pay 25% VAT (value added tax). So if you add up all the taxes it comes out to 3.2 times the price of the car. How much money would you have to pay for the Zenvo ST-1 in Denmark?