Lotus and Williams announced that they will be working together in a strategic technical partnership to “share research and development into advanced propulsion technologies”.

While this might not enlighten us to what this partnership is about, it could turn out to be for the rumored electric hypercar. The top secret project that’s believed to be in the pipeline might get some technical assistance from Williams, as the company is involved in supplying battery systems to Formula E.

“Our new technology partnership with Williams Advanced Engineering is part of a strategy to expand our knowledge and capability in the rapidly changing automotive landscape”, said Lotus CEO Phil Popham. “Applying advanced propulsion powertrains can provide numerous exciting solutions across multiple vehicle sectors. Our combined and complementary experiences make this a very compelling match of engineering talent, technical ability and pioneering British spirit.”

Also Read: Lotus Planning Two Crossovers To Battle The BMW X4 And X6

In turn, Williams’ Managing Director, Craig Wilson, commented that they will be “further developing next generation powertrains in this partnership with Lotus”.

Believed to have been named the Omega, the alleged hypercar will reportedly use electric motors for propulsion, developing in excess of 1,000 horsepower. Keeping the weight as low as possible will be a next-gen battery pack, which should provide a total driving range of more than 250 miles (402 km).

The zero-emission powertrain, incredible performance and whopping price tag, that’s said to sit at £2 million ($2.6/€2.3 million) in the United Kingdom, will allow it to go after the big boys in the hypercar segment. Thus, not only will Lotus target Rimac, but Bugatti, Aston Martin and Koenigsegg as well.

Note: Lotus Evora 414E REEVolution pictured