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The Business Magazine July 2024
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Surrey’s Caterham partners with Yamaha on new electric coupe

The Business Magazine article image for: Surrey’s Caterham partners with Yamaha on new electric coupe
Caterham’s Project V
3 October 2024
Caterham’s Project V

Caterham Cars in Surrey has welcomed Yamaha Motor as a development partner for its all-new electric sports coupe, Project V.

Yamaha will supply its latest cutting-edge e-axle to the prototype model.

A year after the design concept was initially unveiled at Goodwood Festival of Speed and later shown at Tokyo Auto Salon, the company is moving to the next phase of its plans to bring the car to market and commercial production.

Project V will feature a lightweight compact electric powertrain developed by Yamaha, staying true to Caterham’s mission to build lightweight, simple cars which are fun to drive.

Yamaha will also provide its technology and expertise in vehicle motion control.

The prototype model is being developed under the Caterham brand by TOKYO R&D, a specialist engineering house with a track record in developing major OEM-commissioned prototype and production vehicles.

It’s due for completion by mid-2025.


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Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL.

Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience.

Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.

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