Britishvolt will develop batteries for a fully-electric sports car in partnership with British automaker Lotus, the first publicly-announced client for the electric vehicle (EV) battery startup.
Britishvolt said the research and development that will be productive for developing battery cells for a high-performance sports car for Lotus will ultimately benefit battery cells for more affordable, mainstream EVs.
Lotus has said it hopes to sell only fully-electric models by 2028.
The automaker will also expand its range to include high-end electric saloons and sports-utility automobiles.
Lotus is owned by China’s Geely and Malaysia’s Etika Automotive.