FPS doesn't matter much. 15 is more than enough. Even 10 should be plenty. All you'll need is one good shot of the vehicle while it's in the field of view. You're more interested in lowering exposure time to reduce motion blur at night. How fast you'll be able to set your camera while still having a reasonably noise-free picture will depend on the camera and the light available. You'll need a powerful external IR illuminator if you really want to freeze moving objects in the street without using a powerful white spotlight. 1/60th of a second is about the slowest you'd want to go to be able to recognize a vehicle make/model when it's driving by. 1/120th or 1/250th is better but you'll require really good light plus a good low-light camera to use those speeds at a decent zoom level and get a decent pic. A 3.6mm IMX322 cam can be quite decent in colour in auto mode capturing 40+ mph traffic with a couple of 500w halogen floods lighting the road from 60-80' away while being pretty useless with the big floods floods off. 1/60th is the fastest I like under an LED streetlight catching a mix of foot and vehicle traffic using a Hik Darkfighter and virtually no other light with 30mph traffic at 60-70 feet and a roughly 6mm lens length (hard to tell exactly with a varifocal).
Sooo, the answer is it depends totally on the cam, lens length, angle, distance to and speed of the traffic, and lighting. The closer the car to the cam the faster your exposure will need to be. Get a good low-light cam and add light til you're happy. Shouldn't be a problem getting decent car shots at 1/120th, especially if you're not shooting 90 degrees side-on. They'll still be blurry if they're up fairly close and moving quick but you should be able to tell make/model. People at 1/120th are pretty good unless they're on a bike or a dead run.
Out near the street though, adding a big glowing illuminator might attract more attention than you'll want. 940nm won't glow but won't give nearly the light per amp that an 850nm unit will give. If you go 940nm, get one that draws at least 4a. I've got a smaller one on order that I'll be experimenting with. My 4a 940nm unit is decent but is outperformed by a 2a 850nm unit.