The Gurgel Itaipu E150 is an electric car, produced by the Brazilian automobile manufacturer Gurgel. The Itaipu was presented at the Salão do Automóvel in 1974, with an intended production start in December 1975. Only a few of these cars were produced and is today a collector's item. Top speed was of the first prototypes were of approximately 30 km/h (19 mph) and the latest models reached up to 60 km/h (37 mph). While about twenty pre-series cars were built, it was never commercialized. It was the first electric car built in Latin America, and, its specifications were comparable to similar models of the time (see CitiCar). The car was named after the hydro-electric dam and power plant on the border of Brazil and Paraguay.