Caterham doesn't build a new car very often. In fact, in its 50-year history it has only launched two cars – the Seven and the ill-fated 21. So, when it does it's big news – which is why our Nicola has had a good look around the newcomer for a special video.

Called the Project V, it hasn't actually been confirmed for production yet, but it has the potential to be one of the most exciting electric cars on the market. Lightweight, fast and engineered by some of the most experienced hands in the business, it promises to be a fantastic package, and is one half of an exciting new electric focus by Caterham which has already previewed an electric Seven. 

Caterham calls the Project V a ‘lightweight fully-electric coupé concept vehicle that has the potential to arrive in late 2025 or early 2026'. If it does get the green light, it'll be one of a select few electric sports cars hitting the roads, including the MG Cyberster and the next-generation Porsche Cayman.

Project V is a prototype coupe built using lightweight materials

Project V uses a battery electric powertrain, powered by a 268bhp single motor mounted in the rear axle. This is paired with a 55kWh battery pack with advanced thermal management, and the ability to recharge from 20-80% in as little as 15 minutes using a 150kW DC rapid charger. 

It’s also rather quick. The sports car can dash from 0-62mph in less than 4.5 seconds, and will top out at an estimated 143mph. Caterham also hopes it will deliver a target WLTP range of 249 miles on a full charge.

To keep the Project V faithful to the classic Seven sports car, it's as lightweight and as simple as possible. Caterham has targeted a kerb weight of 1,190kg (2+1 configuration) which will be achieved by using an innovative carbon fibre and aluminium composite chassis.

Caterham has kept the interior simple in keeping with the car's design philosophy

The interior is similarly simple, with a driver-focussed infotainment system featuring smartphone mirroring, and a digital instrument cluster is used to display key information. There's also the choice of different seating combinations – 2+1 optimises ingress and egress and provides more comfort for the rear seat passenger, while a more conventional 2+2 layout is an option.

The concept features double wishbone front and rear suspension with fully adjustable geometry, electrically assisted power steering, Michelin Pilot Sport 4S tyres (19” front and 20” rear), and brake discs all-round with high-performance calipers.

Join Nicola as she takes a close look around the new Project V and speaks to Caterham boss Bob Laishley about the brand’s plans for the car.