The Caterham Project V is the British company’s first-ever hardtop all-electric coupe, and its 2,623-pound (1,190-kilogram) low weight, fun-to-drive personality, and general simplicity are its primary selling factors.
Caterham used some techniques to achieve this that would be frowned upon in a mass-market vehicle, such as the lack of a front trunk, which is becoming a common occurrence in the world of EVs. This is necessary because EVs are becoming heavier as a result of the large batteries needed to provide long driving ranges.
The CEO of the company, Bob Laishley, explains that there is a straightforward explanation for everything in the Fully Charged video that is shown above and was shot at the 2023 Goodwood Festival of Speed.
Caterham Project V Electric Coupe
As with any component that is intended to open and close tens of thousands of times over the course of its lifetime, there is no frunk since it is expensive to develop. Since Caterham is a tiny business with a limited budget, choosing this course of action allowed it to cut expenses while making full use of the front of the car’s area for the greatest suspension components, in this case, a fully adjustable double-wishbone configuration.
It’s important to remember that the Caterham Project V, which was created by Anthony Janarelly, the company’s new chief designer, with assistance from Italdesign manufacturing, is neither a static show car nor exactly a finished product.
Given that it lacks the funds to create a static showcase that can simply be displayed in a museum when all is said and done, the British business known for its Lotus Seven-based open-wheelers has made a lot of effort to undertake as much development work as possible. Instead, the Project V is as near to a finished vehicle as it is possible to get, and in order to accomplish so while keeping prices down, Caterham has used some components created by other automakers.
For instance, the Project V looks less like a kit vehicle because the door aperture is from the Audi TT and the front seats are from Maserati, saving time and money.
According to the specification sheet for Caterham’s first hardtop EV, it will be driven by a rear electric motor that produces 200 kilowatts (268 hp) and a 55 kWh lithium-ion battery pack, giving it an estimated range of 249 miles (400 km). The pack is really divided in two, according to the CEO of the company; one half is hidden underneath the driver’s footwell (it is a right-hand drive car), while the other is hidden behind the single back seat.
“We’re not aiming for a digital driving experience,” said Caterham’s CEO in the Fully Charged video. “We want to keep that analog feel to the car as much as we can with an EV powertrain, and that’s a journey we’re just starting.”
For an undisclosed price, the Caterham Project V is anticipated to go into production in the latter half of 2025.