Britishvolt has signed a Memorandum of Understanding [MoU] with Geely-owned UK sports car maker Lotus to demonstrate Britishvolt’s advanced lithium-ion battery cells.

The partnership will see Britishvolt and Lotus develop a Lotus electric vehicle, powered by Britishvolt cells and with advanced electric propulsion technologies developed by Lotus.

Britishvolt maintains that, as in Formula 1, this high-performance research and development will ultimately cascade down to influence the electro chemistries of more affordable batteries and EVs.

Matt Windle, Lotus Cars Managing Director, said: “Lotus is delighted to be collaborating with Britishvolt to develop new battery cell technology to showcase the thrilling performance that a Lotus EV sports car can deliver.

“These are the first exciting steps on the journey towards an all-new electric sports car from Lotus. Last year we committed Lotus to a pure electric future, and in the first month of this year we announce another significant step on that journey. In the coming months we will be unveiling the Type 132, an all-new and all-electric Lotus SUV and we’ve confirmed three more EVs are on the way.”