Yamaha Motor Co., Ltd. has announced its partnership in developing a new electric sports coupe, referred to as 'Project V,' being led by Caterham EVo Limited, a UK-based subsidiary of VT Holdings Co., Ltd. The collaboration aims to advance the project toward mass production and commercialisation.
Project V is a development project for an electric sports coupe that inherits Caterham's DNA, which prioritises driving pleasure with the principles of being lightweight, simple and fun to drive.
Caterham initially unveiled the concept car for Project V at the Goodwood Festival of Speed in the UK in July 2023 and later at the Tokyo Auto Salon in January 2024.
Currently, in collaboration with Tokyo R&D Co., Ltd. they are progressing with developing and producing a prototype vehicle, targeting completion around mid-2025, with a view toward mass production and commercialisation.
Yamaha Motor is independently developing the e-axle, a key component of the electric powertrain, and will supply its trial model for the prototype. Regarding vehicle motion control, Yamaha will also provide the technologies and expertise, aiming to realise "Caterham Powered by Yamaha Motor."
Yamaha Motor has set a companywide environmental goal to achieve carbon neutrality in Scope3* emissions by 2050. It is engaged in the development of advanced small and lightweight electric powertrains, which is the company's strength, and in March 2024, we announced the entry into the Formula E World Championship. To create a more sustainable world, Yamaha Motor will continue promoting the research and development of technologies that contribute to sustainability.
*Emissions produced from Yamaha's value chain, e.g., use of sold products.