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
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.






























