Its not a Eropean car but based out of Hong Kong.
The car is based off of the Caster/Protech Yada buggy with shock layout designed by the guy who designed the Piktor Rush.
A conversion can be done on the Mugen and Caster buggies to make it like this by modifying truggy shock towers and making the lower shock mount.
All else is essentially the same.

My brushless Caster ZX-1R buggy i am building has this mod done and i hope to run it soon when i get my motor.