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Goodwood hosts the introduction of many new EVs

Goodwood Festival of Speed Electric Avenue (Credit: Goodwood)

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This week, the Goodwood Festival of Speed is happening in West Sussex, England, and many manufacturers are showing off production and concept electric vehicles.

The Goodwood Festival of Speed has been an annual event showing off many different cars since 1993. Since its inception, Goodwood has been the chosen location for many manufacturers to reveal their new cars, especially those who are looking to impress and allure the European market. This year is no different, and electric vehicles have become more of a part of the festival than ever before with the introduction of the Goodwood “Electric Avenue.”

For those unable to attend the event this year, this article will be a culmination of all the new electric vehicles being shown at the event, production, concept, racecar, or otherwise.

Polestar –

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Polestar brought multiple vehicles to the Goodwood festival of speed; the Polestar 2, Polestar 3 SUV, and even their prototype Polestar 5 GT sedan. The Polestar 5 was the star of the show, and according to their press release on the vehicle, the Polestar will have a new 800-volt architecture and will be paired with a dual-motor 884 horsepower and 663 pound-feet of torque motor system. Range information, release date, and pricing have not been released for the vehicle yet.

Polestar has been documenting the process of the transformation of the Polestar Precept concept car into the Polestar 5 that we see today on their YouTube channel. More specific details about interior and exterior design can be found there.

No specific specifications have yet been released for the Polestar 3 SUV. However, in the most recent press release on the SUV, the company claimed it was aiming for a 372-mile WLTP range and would partner with computer chip manufacturer Nvidia to implement a LIDAR system on the vehicle.

Ford –

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While headlining their ever-popular Mach E, Ford also revealed their “Pro Electric SuperVan.” The concept of the SuperVan originated, according to MotorTrend, in the early 70s as a cargo van’s body was wrapped around a GT40’s internals. Ford made two generations of Supervan after its first appearance, but in this fourth generation, it is going electric. This proof-of-concept vehicle took the vague body shape of the new Ford E Transit, lowered it to the ground, and introduced massive flying buttresses to the typically tame utility van. In MotorTrend’s interview with Ford, they say that the van can go from 0-60 in just under 2 seconds and that the vehicle has roughly 2000 horsepower. Hopefully, this vehicle, much like previous SuperVans, is not planned to race or be sold. It does highlight some of the amazing electric technology Ford is working to bring to consumers and may even pique the interest of more combustion-minded car enthusiasts.

Lexus –

Lexus first revealed its LFA lookalike EV back in December of last year, but other than the claim that the vehicle will be able to do 0-60 in the mid-2 seconds, little to nothing is known about the vehicle. From what is listed on the Lexus website, the brand states the vehicle may use solid-state batteries and will hope to achieve a range of 430 miles per charge, a number certainly capable of competing with Tesla if released.

 The other vehicle brought to Goodwood by Lexus is the recently revealed RZ 450e, the Lexus variant of the BZ4X/Soltera. Similarly to the other all-wheel-drive variants, the vehicle will have ~226 miles of range, feature an all-wheel-drive setup via dual motors, and will be able to fast charge at 150kW, allowing 20%-80% in roughly half an hour. Where the Lexus differs from its Toyota and Subaru siblings is in its power, the vehicle will produce 312 horsepower compared to the 215 on the Subaru and Toyota.

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More broadly, Akio Toyoda announced in December of last year that the Lexus EV coupe and new RZ 450e will be part of 16 new electric vehicles that Toyota plans to bring to the market. These electric vehicles are a key part of Toyota’s carbon neutrality strategy.

Lotus –

With the acquisition of the Lotus brand in 2017, the brand has been doing a lot of work to rejuvenate itself. Its most recent attempt to do so comes in the form of two electric vehicles. The Lotus Evija is the brand’s newest quad motor electric hypercar; making 1972 horsepower, weighing only 3703 pounds (making it the lightest production EV according to Lotus), and maintaining a WLTP range of 215 miles.

The other EV shown by Lotus at Goodwood is their new Eletre SUV. This electric SUV is set to compete with the likes of the Tesla Model X Plaid, the Rivian R1S, and perhaps the future Mercedes EQG. The 4wd SUV uses a dual motor setup paired to an over 100kwh battery, is capable of up to 900 horsepower, and claims the first-ever “deployable LIDAR system” in a production EV.

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McMurtry –

The startup McMurtry Automotive has designed and built a single-seater electric racecar that they hope will be able to achieve 0-60 in 1.5 seconds; the Speirling. According to the company’s website, the car will supposedly be able to achieve this due to a vacuum system that sucks air from under the car, essentially giving the car downforce even while stationary. On top of that, the car weighs under 2,205 pounds and has a power-to-weight ratio of 1,000 horsepower per ton.

Porsche –

Perhaps one of the most eye-catching vehicles at Goodwood this year is the Porsche 718 Cayman E-Performance. Porsche took one of their GT4 Cayman ICE vehicles but replaced the engine with a dual motor setup and a battery that is designed to allow for 30 minutes of track use, or what Porsche says is the exact length of a Carrera Cup Race. Porsche says the motor system can produce 986 horsepower peaks but produces 603 horsepower in the effort of maintaining power throughout the 30 minutes. Matthias Shultz, a Porsche Racing project manager, comments as part of an accompanying Porsche press release that “we’ve shown how Porsche envisages sustainable customer motor racing in the future. The 718 Cayman GT4 ePerformance now demonstrates that this vision works impressively on the racetrack.”

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According to Car and Driver, this prototype vehicle comes before the anticipated next generation of Cayman and Boxster vehicles that will be adopting an electric drive train that will be released in 2025. These models will be a key part of Porsche’s plan to become carbon neutral by 2030.

Kia/Hyundai –

Kia and Hyundai are no longer new to the EV industry, especially after their successful launches of the EV6 and Ioniq 5, respectively. At Goodwood, Kia and Genesis showcased a combined four production electric models and will supposedly also show their Speedium Coupe concept car.

The Kia EV6 GT was on display and will be the high-performance version of the current EV6 on the market. The new EV6 will have 576 horsepower and 545 pound-feet of torque, propelling the vehicle to 60 in 3.5 seconds and achieving a top speed of 161 miles per hour. However, with competition from its own Genesis brand for other powerful electric crossover vehicles, it is unclear how much attention the GT will receive.

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 The Genesis vehicles, the GV60, GV70, and G80 are the more upscale versions of the EV6 platform. Looking at the Genesis website, each of them offers impressive specifications, but each is going after quite a different clientele. For the performance luxury sedan lovers, the G80 will offer 323 miles of WLTP estimated range, will be capable of “22-minute ultra-fast charging” (from 10%-80%) via Hyundai/Kia’s new 800-volt architecture, and feature a dual-motor all-wheel-drive system delivering 364 total system horsepower.

Crossover customers will have the choice of either the GV60 or the larger GV70. The GV60 will offer slightly better performance than the G80 in many different ways; it will have a max of 321 miles of WLTP estimated range (front-wheel-drive model), will be capable of “18-minute ultra-fast charging” (from 10%-80%) and will offer a max of 483 total system horsepower from a dual-motor setup (all-wheel-drive model). The GV70 has not had full specs announced as of yet but will likely be very similar to its GV60 counterpart; ~18-minute fast charging, ~490 horsepower, etc. What Genesis has said is that the GV70 will be capable of vehicle-to-load use.

Finally, Genesis will supposedly reveal their Genesis X Speedium Coupe, which was first introduced as a concept car titled the X Concept. However, Goodwood is the first place the vehicle has been seen in the real world. If the looks and the other vehicles released are anything to go by, its specifications may be incredible.

Fisker

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Fisker is part of a smaller group of startups that made an appearance at the festival, however, with news that they recently hit over 50,000 reservations, Fisker may now be worthy of the attention of many looking for an affordable EV SUV. There is still only limited information in terms of specifications, however, the brand plans on a starting price of $37,499. The brand’s website does state that the top-of-the-line Ocean SUV will be able to achieve 350 miles of range and will have a dual-motor all-wheel-drive system.

Perhaps more striking is the many interior quirks they list on the website. A pivoting center screen and rolling down rear window are listed prominently while they also highlight the Ocean’s many “terrain modes.” According to Motor1, more detailed specifications will be announced in November.

Renault

While the Renault 5 has been stuck in concept car purgatory for nearly a year now, there is still reason to keep hope. In an interview with Top Gear last year, the CEO of Renault group, Luca de Meo, stated that Renault was significantly shaken when he took charge. One of the first things the CEO did was cancel 7 new ICE products and replaced them with 8 EVs that will hopefully appear in Renault or Nissan’s lineup within the next few years. One of those cars was the Renault 5, a vehicle that de Meo promised would “democratize the electric vehicle.” As of now, no specifics have been revealed about the vehicle, but this hasn’t stopped many from speculating.

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With the recent release of the electric Renault Megane, many believe that the five would use a similar platform and hence, achieve similar specifications. The Megane tops out at 217 horsepower from its front-drive system, achieving 220 miles of range via a 60kWh battery, and starts at 36,000 pounds in England.

E-Go

E.GO is an EV startup from Germany looking to bring another small electric hatchback to Europe in the form of their Life and e.wave X models. According to the company’s website, both are available for pre-order. However, it is unclear how competitive their vehicle will be, considering it will have a goal starting price of 25,000 euros. The vehicle features lackluster specs compared to many of the other models shown at Goodwood; charging at only 11kWh, capable of a “city miles” range of 150 miles, and while only using a single motor front-wheel drive 100hp setup. This car will likely have to compete with larger brands by competing on price, but it is unclear at this time if the 25,000 euro price tag is low enough.

Formula E

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Formula E also made an appearance at the Goodwood hill climb. The Mahindra racing team introduced their new livery and a third-generation racecar that will compete in the upcoming season 8 of Formula E. The Formula E website lists many upgrades coming to the new car; the new open-wheel racer will be capable of 200mph top speeds, will use 40% regenerated energy throughout the race, will ditch rear hydraulic breaks in exchange for a regenerative front and rear motor system, and will feature 600kW hyper-fast charging (allowing for short charging pit stops mid-race). These incredible upgrades over the previous generation may change the sport significantly in the upcoming year.

What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!

Will is an auto enthusiast, a gear head, and an EV enthusiast above all. From racing, to industry data, to the most advanced EV tech on earth, he now covers it at Teslarati.

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Investor's Corner

Tesla Optimus is already benefiting investors, top Wall Street firm says

Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.

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Credit: Tesla China

Tesla Optimus is already benefiting investors from a fiscal standpoint, at least that is what Alexander Potter at Piper Sandler, a top Wall Street firm covering the company, says.

Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.

Analyst Alexander Potter, in the firm’s latest “Definitive Guide to Investing in Tesla,” built a comprehensive framework covering 17 separate product lines.

This granular approach values Tesla’s core businesses—including electric vehicles, energy storage, Full Self-Driving (FSD) software, in-house insurance, Supercharging network, and a standalone robotaxi operation—at approximately $400 per share, without assigning any value to Optimus or related inference-as-a-service opportunities.

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“At $400/share, we think investors can buy Optimus for ‘free,’” Potter stated in the note. Piper Sandler maintained its Overweight rating on Tesla shares and a $500 price target, which implicitly attributes roughly $100 per share to the robot-related businesses— a figure the analyst views as potentially conservative.

The updated model incorporates elements often overlooked by other sell-side analysts, such as detailed forecasts for Tesla’s insurance operations, Supercharger revenue, and a distinct valuation for the robotaxi business separate from FSD software licensing. It also accounts for Tesla’s 2025 CEO compensation plan for the first time.

Potter acknowledged that his estimates for 2026 and 2027 fall below Wall Street consensus, citing factors like declining deliveries from certain discontinued models and reduced regulatory credit income.

However, he expressed limited concern, noting that traditional vehicle delivery metrics are expected to matter less over time as FSD subscriber growth and robotaxi deployment metrics gain prominence. On Optimus specifically, Potter suggested the humanoid robot program, combined with inference services, “arguably will be worth more than Tesla’s other businesses combined,” though the firm has not yet produced formal long-term forecasts for these segments.

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Elon Musk reveals shocking Tesla Optimus patent detail

Tesla shares have traded near the $400 range in recent sessions, reflecting ongoing investor focus on the company’s autonomous driving progress and expansion into robotics and AI. The Optimus project remains in early development stages, with Tesla aiming to deploy the robots initially for internal factory tasks before broader commercial applications.

This Piper Sandler analysis highlights the growing emphasis among some investors and analysts on Tesla’s long-term technology platform potential beyond its current automotive and energy businesses.

As with any forward-looking valuation, outcomes will depend on execution timelines, technological breakthroughs, regulatory approvals for autonomous systems, and market adoption of humanoid robotics—areas that carry significant uncertainty and execution risk.

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The note underscores a common theme in Tesla coverage: differing views on how to quantify emerging high-growth opportunities like robotics within the company’s overall enterprise value. Investors are advised to consider their own risk tolerance and conduct thorough due diligence regarding these speculative elements.

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Tesla Giga Texas buzzing as new Cybertruck appears to enter production

Additionally, the Cybercab manufacturing ramp-up is continuing amidst Tesla’s busy May, which includes a handful of things from an automotive perspective.

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Credit: Joe Tegtmeyer | X

Tesla Giga Texas is buzzing with a lot of action, as it appears the new Cybertruck trim that was offered a few months back has entered production. Additionally, the Cybercab manufacturing ramp-up is continuing amidst Tesla’s busy May, which includes a handful of things from an automotive perspective.

Drone operator Joe Tegtmeyer captured striking footage over Giga Texas on the morning of May 11, 2026, revealing fresh batches of Cybertrucks that may mark the start of series production for the long-awaited $59,990 Dual Motor AWD variant.

Tesla launches new Cybertruck trim with more features than ever for a low price

The vehicles lined up in staging areas, and we got a great look at three of the units parked on the property:

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Tegtmeyer notes the difficulty in visually distinguishing this base AWD model from higher-trim versions, unlike the earlier Long-Range RWD that lacked a motorized tonneau cover.

Tesla launched the $59,990 Dual Motor AWD Cybertruck in late February 2026 with a brief introductory pricing window that closed by month’s end.

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Demand proved overwhelming.

Initial U.S. delivery estimates of June 2026 quickly slipped to September–October and, for newer orders, as far as April 2027.

The move underscores robust consumer interest in a more accessible all-wheel-drive Cybertruck priced under $60,000 before incentives—positioning it as a volume play for Tesla’s electric pickup lineup while premium AWD and Cyberbeast variants continue to be sold as usual.

Meanwhile, Cybercab production at the same Austin facility shows steady, if deliberate, progress. Tegtmeyer’s latest flyover documented dozens of glossy production-spec Cybercabs parked in the outbound lot—consistent with Tesla’s early statements that initial output would remain modest before scaling later in 2026.

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The purpose-built robotaxi, unveiled in 2024 and lacking a steering wheel or pedals, rolled its first unit off the line in February. Volume manufacturing began in April, with early examples already undergoing autonomous testing around the factory grounds.

Elon Musk has repeatedly emphasized that Cybercab and Semi production will start slowly before ramping “exponentially” toward year-end. The presence of multiple finished units signals Tesla’s Unboxed manufacturing process is maturing, even as the company balances Cybertruck output with autonomy milestones.

Recent drone imagery also shows ongoing construction for Optimus and test-track expansions, highlighting Giga Texas’s evolving role as Tesla’s hub for next-generation vehicles.

For Cybertruck buyers, the potential ramp of the $59K AWD offers hope of shorter waits and broader market access. For autonomy enthusiasts, the growing fleet of Cybercabs hints at robotaxi service trials on the horizon.

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While official confirmation from Tesla remains pending, Tegtmeyer’s footage provides the clearest public signal yet that both programs are advancing in parallel at Giga Texas.

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Tesla Full Self-Driving gains momentum in Europe with new country mulling approval

Tesla is advancing FSD’s technology across Europe with fresh talks underway in Ireland, signaling broader regulatory progress. On May 10, Ireland’s Department of Transport confirmed that Tesla is actively engaging with national authorities, including the National Standards Authority of Ireland (NSAI) to secure approval for FSD Supervised.

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Credit: Tesla Europe & Middle East | X

Tesla Full Self Driving (FSD) technology is gaining momentum in Europe, with yet another new country mulling a potential approval for operation on its roads.

Tesla is advancing FSD’s technology across Europe with fresh talks underway in Ireland, signaling broader regulatory progress. On May 10, Ireland’s Department of Transport confirmed that Tesla is actively engaging with national authorities, including the National Standards Authority of Ireland (NSAI) to secure approval for FSD Supervised.

While the department noted that full rollout in Ireland would ultimately depend on EU-level clearance, the engagement marks a notable step forward in Tesla’s European expansion strategy, Irish media outlet RTE said.

Tesla FSD in Europe vs. US: It’s not what you think

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The news comes on the heels of a landmark breakthrough in the Netherlands. In April, Dutch vehicle authority RDW granted the first-ever EU type approval for FSD Supervised after 18 months of rigorous testing on public roads and tracks. The provisional approval allows the system on all Dutch roads, with Tesla already rolling it out to select owners following mandatory safety training.

The Netherlands has since notified the European Commission and is advocating for wider recognition, positioning the Dutch decision as a potential template for the bloc.

Europe has long lagged behind the United States, China, and other markets where FSD is more widely available. Strict EU regulations on automated driving systems have required extensive validation, but momentum is building.

Tesla now lists the Netherlands alongside established markets such as the U.S., Canada, Australia, and South Korea on its regional FSD page. Other countries, including Belgium, are reportedly fast-tracking their own review processes in response to the Dutch precedent.

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Analysts see Ireland’s involvement as strategic. As a smaller EU member with unique road challenges—narrow rural lanes, hedgerows, and variable weather—successful validation there could demonstrate FSD’s adaptability and strengthen the case for harmonized EU approval.

Tesla has indicated it aims for broader EU deployment as early as summer 2026, though the timeline remains fluid. Discussions at the EU’s Technical Committee on Motor Vehicles continue, with a possible vote later in the year. Some member states, particularly in Scandinavia, have expressed reservations over edge cases like speeding protocols and long-term safety data.

For Tesla, European expansion is more than a software update; it unlocks significant growth. The continent’s dense population and high vehicle ownership could accelerate data collection, refine the AI models powering FSD, and pave the way for unsupervised autonomy and robotaxi services.

Owners stand to benefit from enhanced safety features and reduced driver fatigue, while regulators weigh innovation against proven risk reduction. Early Dutch results already cite safety improvements:

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Tesla Full Self-Driving shows stunning maneuver in Europe to silence skeptics

But the work is far from done, and challenges are still present. FSD Supervised still requires driver attention and a readiness to intervene. EU rules emphasize that the technology is not fully autonomous, placing legal responsibility on the human operator. Tesla must also navigate varying national road conditions and public perception.

Nevertheless, the Ireland talks underscore a clear trajectory: one national approval at a time, Europe is inching closer to widespread FSD access. If the Dutch model gains traction, Summer 2026 could mark the beginning of a transformative chapter for autonomous driving on European roads.

Tesla’s persistent engagement with regulators is starting to pay off, and it suggests the company is still heavily committed to the expansion efforts across Europe, despite the red tape it has had to persist through.

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