Forseven
Forseven was a British luxury EV startup that merged with McLaren Automotive in April 2025 to form McLaren Group Holdings, combining a 700-plus person EV engineering team with McLaren's supercar heritage to target affluent luxury performance vehicle buyers against Ferrari, Lamborghini, Aston Martin, and Bentley.
- Company typePrivate
- Founded2022
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
What Forseven does
Forseven was a British luxury electric vehicle startup founded in 2022 and headquartered in London, operating as a single EV technology platform serving the high-end automotive segment. The company was controlled by CYVN Holdings, an Abu Dhabi government-backed advanced mobility investment firm, and assembled a 700-plus person engineering team focused on electrified luxury vehicle development. Its core technology assets centered on licensing agreements with Chinese automaker NIO for EV battery systems and component sharing, combined with access to Gordon Murray Technologies' iStream lightweight production platform. Forseven did not generate independent revenue and operated as a technology vehicle rather than a market-facing OEM prior to April 2025.
In April 2025, CYVN Holdings merged Forseven with McLaren Automotive under a new combined entity called McLaren Group Holdings, installing Forseven CEO Nick Collins as CEO of the merged group and Forseven Chairman Jassem Al Zaabi as Chairman. CYVN had acquired McLaren earlier in 2025 from Bahrain's Mumtalakat sovereign wealth fund before facilitating the merger of its two portfolio companies. The combined entity's strategy is to leverage Forseven's EV technology stack and McLaren's supercar heritage and distribution footprint to expand the product portfolio beyond mid-engined supercars into hybrid SUVs and electric sports cars, targeting affluent consumers in the luxury performance segment against Ferrari, Lamborghini, Aston Martin, and Bentley.
The business model is hardware sales of luxury electric and hybrid vehicles through an enterprise field-sales motion serving the luxury performance segment. Pricing details are not publicly disclosed. Forseven's go-to-market posture was effectively subsumed into the McLaren Group Holdings entity upon merger, making its standalone operating model no longer relevant; all commercial activity now sits within the combined group's luxury vehicle franchise and its associated dealer and distribution infrastructure.
Forseven firmographics
Firmographics- Name
- Forseven
- Legal name
- FORSEVEN Limited
- Website
- https://forseven-ev.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Forseven was a British luxury EV startup that merged with McLaren Automotive in April 2025 to form McLaren Group Holdings, combining a 700-plus person EV engineering team with McLaren's supercar heritage to target affluent luxury performance vehicle buyers against Ferrari, Lamborghini, Aston Martin, and Bentley.
- Ownership category
- akta.pro rank
Forseven industry classification
Industry- Product category
- Luxury Electric Vehicles
- NAICS
- Other Motor Vehicle Parts Manufacturing (33639), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Other Engine Equipment Manufacturing (333618)
- SIC
- Motors & Generators (3621)
- akta.pro primary industry
- Battery Pack & Module Manufacturing (EV) (IMACACAA)
- akta.pro secondary industries
- Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing (IMACAOAC), EV Charging Grid Integration Services (Utility Make-Ready, Load Management Integration) (EUAEANAJ)
Keywords
Where Forseven is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Forseven business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales
Revenue model
- Luxury Electric Vehicles: Revenue from sale of luxury electric and hybrid vehicles, expanding beyond traditional McLaren supercars to include SUVs and electric sports cars
Go-to-market motion1 record
Marketing channels1 record
Forseven product offering
Product offeringCore offering
Forseven was a British luxury electric vehicle startup that developed EV technology and vehicle engineering assets, including licensing arrangements with NIO for battery systems and a partnership with Gordon Murray Technologies for iStream manufacturing. In April 2025, Forseven merged with McLaren Automotive under CYVN Holdings to form McLaren Group Holdings, with Forseven's team and technology assets enabling expansion of the combined entity's portfolio into hybrid SUVs and electric sports cars alongside supercars.
Product overview
Forseven was a British luxury EV startup that merged with McLaren Automotive in April 2025 to form McLaren Group Holdings. The company operated as a single unified technology platform providing EV technology assets and licensing agreements with NIO for battery technology. Following the merger, Forseven's technology is being leveraged to expand McLaren's portfolio beyond mid-engined supercars into new product categories including hybrid SUVs and electric sports cars.
Differentiator
Problem solved
Functional benefit
Products and services
- Forseven EV Technology Platform
Companies that use Forseven
Customer profileSegments1 record
Ideal customer profiles1 record
Forseven technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Forseven partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- NIOcoreChinese automaker providing EV technology licensing including battery systems, component sharing, and manufacturing collaboration. The partnership enables McLaren Group Holdings to leverage NIO's battery technology for electrification of its vehicle lineup.
- Gordon Murray TechnologiescoreEngineering partner providing expertise and iStream production technology for vehicle manufacturing. The partnership brings Gordon Murray's engineering expertise and innovative production platform to support development of new McLaren Group Holdings vehicles.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Forseven competitors and assessment
Company assessmentDirect peers
- McLaren Automotive: McLaren Automotive is the British luxury supercar manufacturer that merged with Forseven in April 2025 to form McLaren Group Holdings. It is the closest direct peer given the now-combined entity.
- Ferrari: Ferrari is the leading luxury performance sports car maker and is itself launching electrified models, making it a direct competitor to McLaren Group Holdings' planned hybrid SUV and electric sports car lineup.
- Lamborghini: Lamborghini competes in the luxury performance segment and has announced its own electrified roadmap, including the Urus SUV — directly competing with McLaren Group Holdings' planned hybrid SUV expansion.
- Aston Martin: Aston Martin is a British luxury performance brand explicitly named as a target competitor. Its DBX SUV and upcoming electrified models compete head-to-head with the planned McLaren Group Holdings portfolio.
- Bentley: Bentley is a luxury automaker with a strong SUV franchise (Bentayga) and an announced electrification roadmap, directly overlapping with McLaren Group Holdings' hybrid SUV plans.
- Lucid Motors: Lucid Motors is a US luxury EV maker with high-performance models competing in the premium EV segment — directly comparable to McLaren Group Holdings' electric sports car ambition.
- Lotus: Lotus is a British performance sports car maker now owned by Geely that has launched the electric Eletre SUV and Emeya GT, making it a directly comparable peer on luxury EV/SUV positioning.
- Polestar: Polestar is a performance-oriented EV brand targeting premium buyers, comparable in positioning to the electric sports car direction of McLaren Group Holdings.
Emerging players
- Automobili Pininfarina: Pininfarina is a luxury EV maker (Battista hypercar, recently entering SUV segment) — a niche but directly comparable peer in the high-end electrified performance space.
- Rimac: Rimac is a Croatian hypercar EV maker and EV technology supplier (now merged with Bugatti under Porsche ownership) — overlapping with Forseven/McLaren Group Holdings on luxury electric performance vehicles and battery technology.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Forseven social profiles
Digital presenceForseven financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forseven leadership team
Management profileNumber of profiles
Profiles2 records
Forseven funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forseven M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Forseven
What does Forseven do?
Forseven was a British luxury electric vehicle startup that developed EV technology and vehicle engineering assets, including licensing arrangements with NIO for battery systems and a partnership with Gordon Murray Technologies for iStream manufacturing. In April 2025, Forseven merged with McLaren Automotive under CYVN Holdings to form McLaren Group Holdings, with Forseven's team and technology assets enabling expansion of the combined entity's portfolio into hybrid SUVs and electric sports cars alongside supercars.
Is Forseven a public or private company?
Forseven is a private company. It is classified as corporate owned and is currently acquired.
When was Forseven founded?
Forseven was founded in 2022. It employs 11 to 50 people.
Where is Forseven based?
Forseven is headquartered in London, United Kingdom, in the Europe region.
How does Forseven make money?
One revenue line is on record: luxury Electric Vehicles.
Who are Forseven's main competitors?
Direct peers on record are McLaren Automotive, Ferrari, Lamborghini, Aston Martin, Bentley, Lucid Motors, Lotus and Polestar. Emerging players are Automobili Pininfarina and Rimac.
Does Forseven have an API?
No public API is recorded for Forseven.
What industry is Forseven in?
Forseven's product category is Luxury Electric Vehicles. Its primary akta.pro industry code is IMACACAA, Battery Pack & Module Manufacturing (EV), with a secondary code of IMACAOAC, Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing. Its NAICS code is 33639 and its SIC code is 3621.