As other have said, this platform won't handle 3s very well. It is a Hosim rebrand, which are actually decently durable for the price as long as you leave them stock. Not toy grade, far from it... but definitely on the low end of hobby grade. They're not *that* bad, I've owned a couple... they're better than the "budget" options a decade ago. The drivetrain and stock electronics just will not handle 3s power stock, which is why the brushless versions of the same car use metal drivetrain components.
You could put a new ESC, brushless motor in it, upgrade the drivetrain and the 2in1 ESC/Reviever combo is going to force you to buy a radio as well. By the time you buy everything you need, you'll be looking at well over the original price of the car and not far from, if not more than the purchase price of something like an Arrma Gorgon. The gorgon has a lot more head room for upgrading and going fast since it's got a much more stout drivetrain and is physically larger.
These cheaper RC's are great to dip your toes into the hobby, but they're not meant to sustain you in the long term. Enjoy it for what it is and save up for something with a bit more support.