Quick Takeaways
  • The Caterham Project V brings together global performance specialists to advance a lightweight, driver-focused electric sports coupe.
  • Cross-border collaboration highlights how legacy motorsport expertise is being adapted for next-generation EV development.
On December 12, electric sports car development took a notable step forward as HKS Co., Ltd. confirmed its collaboration with UK-based Caterham Cars Ltd. to support the creation of a new electric sports coupe. The partnership brings together motorsport-grade engineering and next-generation EV architecture, signaling how performance-focused brands are adapting to electrification without compromising driving dynamics.
Electric Sports Car Development Through Cross-Border Engineering
The collaboration centers on Caterham’s electric vehicle initiative known as Project V. HKS will supply suspension systems for the prototype electric sports coupe and contribute to broader vehicle development activities, including performance analysis and system-level optimization. This marks HKS’s first direct involvement in electric sports car component development, expanding its legacy beyond internal combustion performance systems.
Role of Project V in Electric Sports Car Development
Project V was first revealed as a concept at the Goodwood Festival of Speed in 2023, where Caterham outlined its vision for a lightweight, driver-focused electric sports car. Since then, the program has progressed from concept to engineering reality, with multiple technology partners contributing specialized expertise to accelerate development timelines.
Key milestones supporting Project V include:
  • Concept debut showcasing Caterham’s EV design philosophy
  • Transition from design study to functional prototype
  • Integration of performance-focused electric drivetrain systems

Expanded Development Network Supporting the EV Program
In 2024, Tokyo R&D Co., Ltd., based in Chiyoda Ward, Tokyo, joined the project to support prototype development and future production readiness. Yamaha Motor Co., Ltd. is also involved, developing an e-axle specifically tailored to the vehicle’s performance requirements. This multi-company collaboration reflects a growing trend in electric sports car development, where OEMs and specialists jointly address engineering complexity.
Prototype Reveal and Industry Implications
The working prototype of the electric sports coupe is scheduled to be unveiled at the Tokyo Auto Salon 2026, to be held in January 2026. The debut is expected to provide the first public insight into how Caterham and its partners have balanced lightweight construction, electric performance, and driving engagement. For the broader automotive sector, the project highlights how established performance brands are redefining sports cars for the electric era through focused collaboration and advanced engineering.
caterhamcars press release

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