News
Goodwood hosts the introduction of many new EVs
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 –
- Polestar 5 prototype on track (Credit: Polestar)
- Polestar to debut first electric performance SUV, Polestar 3, in October 2022
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 –
- Ford SuperVan interior (Credit:Ford Performance)
- Ford Supervan side profile (Credit:Ford Performance)
- Ford SuperVan Driver Corner (Credit:Ford Performance)
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 –
- (Credit: Lexus)
- Lexus Concept Coupe to be unveiled at Goodwood 2022 (Credit:Lexus)
- Lexus Coupe Concept from the front (Credit: 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.
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 –
- Lotus Eletre press release March 2022 (Credit: Lotus)
- Lotus Goodwood stand; three car garage 2022 (Credit: Lotus)
- Lotus Evija at Monterey Car Week (Credit: 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.
McMurtry –
- McMurtry Speirling debut at Goodwood 2022 (Credit:McMurtry)
- McMurtry Spiering and driver (Credit: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 –
- Cayman GT4 ePerformance as seen on track in testing in Valencia (Credit:Porsche)
- Porsche 718 Cayman GT4 ePerformance on track from behind in Valencia
- Porsche 718 Cayman GT4 ePerformance on track in Valencia (Credit: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.”
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 –
- Electrified G80 seen plugged in via Genesis website
- Genesis G80 Electrified back driver side via Genesis website
- Genesis GV70 side profile via Genesis website
- Genesis GV70 in the dark via Genesis website
- Genesis GV60 at night via Genesis website
- Genesis GV60 via Genesis website
- Genesis Speedium X Concept car to be featured at Goodwood 2022 (Credit:Genesis)
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.
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
- (Credit: Fisker)
- Credit: Fisker Inc.
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
- Renault 5 shown in 50th year anniversary of the vehicle (Credit:Renault)
- Renault 5 Concept and Renault Megane EV shown at Munich Motor Show 2021 (Credit: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.
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 e.wave X seen here in yellow via E.GO website.
- E.GO Life car via E.Go website
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
- Next generation formula e jaguar car in testing on track.
- Porsche’s gen 3 formula e car in testing.
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!
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.






























