Caterham’s Electric Project V Sports Car Nears Production with New Prototype Video

Caterham’s ambitious Project V electric sports car is progressing toward production, even as it missed its original launch timeline. The automaker has released a new video featuring a prototype that highlights an updated design and interior refinements.

The model is expected to deliver 268 hp from a rear e-axle and offer a range of approximately 249 miles (400 km) under WLTP standards.

Project V’s Journey to Production

Caterham first unveiled a working prototype of Project V at the Tokyo Auto Salon earlier this year. At the time, the company stated the vehicle would undergo rigorous testing to evaluate its chassis, powertrain, and battery systems.

While details have been scarce since then, the newly released video provides a glimpse of the prototype in action. Caterham has confirmed that testing will continue throughout 2026, though an exact production date remains unannounced.

Key Design and Technical Updates

Project V has been in development since September 2022, with a concept car debuting at the Goodwood Festival of Speed in 2023. Originally, the production model was planned for late 2025 or early 2026, but those timelines have shifted.

The prototype retains much of the original concept’s design language, crafted by Anthony Jannarelly, but includes several notable revisions. The rear end now features four circular taillights to meet regulatory requirements across multiple markets. Other updates include an oval grille and staggered 19- and 20-inch wheels.

Inside, the prototype introduces a 2+2 seating configuration and a circular digital display, though the flat dashboard inspired by the Caterham Seven remains intact.

Performance and Battery Specifications

Project V is built on a tubular spaceframe and equipped with a 47 kWh immersion-cooled battery, designed for high safety and reliability even under extreme conditions. The battery powers a Yamaha-sourced rear e-axle producing 268 hp (200 kW / 272 PS).

This powertrain enables the 3,153 lb (1,430 kg) coupe to accelerate from 0-62 mph (0-100 km/h) in under five seconds, with a top speed of 143 mph (230 km/h).

Caterham projects a WLTP range of 249 miles (400 km). For quick charging, a 100 kW DC fast charger is expected to replenish the battery from 20% to 80% in about 20 minutes. However, the automaker has emphasized that all specifications are target figures and may change during development.