The Caterham Project V made its debut at the 2023 Goodwood Festival of Speed, and it was one of the most significant reveals of the event. Although currently a one-off model, Caterham plans to launch a production version of the car by late 2025 or early 2026. This unique vehicle stands out from other Caterham models as it is an all-electric coupe with 2+1 seating (optionally 2+2) developed by Italdesign.

Being a small brand, Caterham faces challenges in developing car parts, as is the case for niche automakers. To streamline the engineering process and reduce costs without compromising quality, the Project V has adopted some components from well-established brands. Interestingly, the car features the same door aperture as the Audi TT, and its slim seats are sourced from Maserati. While these details were not initially disclosed during the car’s debut on July 12, the company’s CEO has now revealed them.