Hitachi is building an elevator that will travel 45 miles an hour for the CTF building currently under construction in Guangzhou, China, to be completed in 2016. Until then, the world's fastest elevator is in the Taipei 101 building where you can soar at 37.7 miles an hour (or 1,010 meters per minute) from the 5th floor to the 89th floor in 37 seconds. Check out the fast ride in this video.

The ride is obviously very fast and very smooth. Ironically, when you ride in the elevator, you may wish it would take longer because the wait in the line is long with so many tourists. This ride is now ranked by CNN as one of the world's "12 elevators you need to see to believe."

At 1,667 feet tall, Taipei 101 ranked as the world's tallest building from 2004 to 2010 when it was over taken by the Burj Khalifa skyscraper in Dubai.

According to Focus Taiwan, Taipei 101's spokesman Michael Liu bragged that a NT$50 coin (slightly larger in diameter than a US$1 coin) can stand on end for the entire length of the ride because the ride is so smooth.

To celebrate Mother's day, mothers can ride the Taipei 101 elevator free during the month of May.