SYDNEY, Oct. 7 (Xinhua ) -- The University of New South Wales solar racing team, Sunswift, unveiled an all-new solar car on Wednesday, to contest this year's Global Green Challenge race in Australia.

    Sunswift IV is a three-wheeled, hand-built carbon fibre machine which can reach a top speed of 115km/h using just 1,300 watts, the same amount of power it takes to toast two slices of bread.

    Team Leader Clara Mazzone said the Sunswift team had put in an extraordinary effort to prepare the new car and raise the 280,000 Australian dollars (249,100 U.S. dollars) needed to fund the project and race campaign.

    "The 60 students in the team have given up their spare time over the past 18 months to design, build and fund this vehicle," she said.

    "Although Sunswift IV is a race vehicle, it has a new design, including a steering wheel and upright seating position, which brings it closer to something we might see on the road in the future."

    Sunswift IV will be the only solar car entry from New South Wales, and the only student-run team from Australia, to contest the 3000 km race for solar and eco-friendly vehicles which draws competitors from around the world, including teams from the United States and the Netherlands.

    The race starts in Darwin on October 24, with Sunswift expected to reach Adelaide within five days.