One year after trouncing the hillclimb record at the annual Goodwood Festival of Speed, McMurtry Automotive is set to showcase a limited-run, production version of its all-electric Spéirling fan car called the PURE. A validation prototype of this soon-to-be commercially available sealed-skirt fan car will be on display at this year’s hillclimb ahead of pre-production… Oh, and it costs over a million dollars.
When the McMurtry team rolled up to Goodwood last summer, it knew it had a winner on its hands. Most of the public, however, had no idea. 39.08 seconds – that’s all it took for McMurtry’s zippy Spéirling electric fan car, driven by former F1 driver Max Chilton, to race into the record books – not just for the 2022 event but as the fastest 1.86km (1.16 mile) hillclimb in its 30-year history.
As you’ll notice in the video of the record-setting climb below, the Spéirling delivers instant acceleration and almost unfathomable cornering but appears to emit exhaust or vapor around each corner.
That’s because the McMurtry Spéirling is a fan car. No, not a car entered into the competition by EV fans, but an electric vehicle that utilizes a bespoke fan downforce system designed by McMurtry to deliver constant and approachable downforce, regardless of speed, angle, or wind direction. In other words, this EV is as sticky as it is fast, and boy, is it fast.
We’re talking 1,000 hp (745 kW) peak output and a top speed of 190 mph – all from an EV that weighs less than 1,000 kg (2,200 lbs). Following the whiplash it probably caused Goodwood spectators as it sped by last year, McMurtry is returning to the UK event to showcase a validation prototype of the fan car, the Spéirling PURE, ahead of an exclusive production run.
Credit: McMurtry Automotive
McMurtry to showoff Spéirling PURE fan car at Goodwood
This morning, McMurtry shared the first images (seen above) of the Spéirling PURE fan car – a production-intent version of the record-setting Spéirling that raced up Goodwood last summer. McMurtry says the Spéirling PURE has already achieved a 15% increase in fan efficiency, 14% less weight, and significantly enhanced tolerance to flow variation.
The production version will arrive as the first commercially available sealed-skirt fan car, allowing customers to experience the 3G cornering its bespoke technology provides at accessible speeds. Better still, its creators state the PURE version will prove to be even more capable than the original Spéirling track car in that it has been designed with a focus on multi-lap runs on full race circuits.
That sort of performance will, of course, require quick charging turnaround, which the niche automaker is also promising, stating the PURE will be able to fast charge in under 20 minutes. Due to its top-tier performance, McMurtry states the Spéirling PURE is eligible for the GT1 Sports Club – an exclusive driving program for super and hyper track cars holding race weekends all over the globe. Before then, however, McMurtry still has some development to do.
To begin, the company will publicly debut a validation prototype of the Spéirling PURE at Goodwood next month, followed by continued testing of the electric fan car in the UK and Europe through 2023. McMurtry says it still intends to chase new records during the validation process as it works toward pre-production prototypes in 2024. McMurtry founding director Thomas Yates spoke:
The Spéirling PURE will herald a new era on the track. The sound, grip, acceleration, aesthetics and technology of this car are distinct. Witnessing the car as a spectator or from the cockpit offers a rare and exhilarating experience. With pre-orders from around the globe, I can’t wait for fan cars at the racetrack to become a new normality.
McMurtry says production of the Spéirling PURE fan cars will be limited to 100 units, each starting at a price of £820,000 ($1.05 million) before taxes and shipping. Customers who pre-order the new electric fan car are expected to receive delivery sometime in 2025.
Headed to Goodwood? The Spéirling PURE will be on display July 13-16 in the McMurtry stand at the Supercar paddock near the start line. Send us pics!
In the meantime, here’s that record-setting lap from the original Spéirling last year.
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Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021.
Handout | Via Reuters
Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase’s reported plan to charge data aggregators for access to customer financial information.
The recovery followed steep declines on Friday, after Bloomberg reported that JPMorgan had circulated pricing sheets outlining potential fees for aggregators like Plaid and Yodlee, which connect fintech platforms to users’ bank data.
In a note to clients on Monday, Evercore ISI analysts said the potential new expenses were “far from a ‘business model-breaking’ cost increase.”
In addition to Block’s rise, PayPal climbed 3.5% on Monday after sliding Friday. Robinhood and Shift4 recorded modest gains.
Broader market momentum helped fuel some of the rebound. The Nasdaq closed at a record, and crypto rallied, with bitcoin climbing past $123,000. Ether, solana, and other altcoins also gained.
Evercore ISI’s analysts said that even if JPMorgan’s changes were implemented, the most immediate effect would be a slight bump in the cost of one-time account setups — perhaps 50 to 60 cents.
Morgan Stanley echoed that view, writing that any impact would be “negligible,” especially for large fintechs that rely more on debit, credit, or stored balances than bank account pulls for transactions.
PayPal doesn’t anticipate much short-term impact, according to a person with knowledge of the issue. The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account verification and already has long-term pricing contracts in place.
While smaller fintechs that depend heavily on automated clearing house (ACH) rails or Open Banking frameworks for onboarding and compliance may face real pressure if the fees take effect, analysts said the larger platforms are largely insulated.
The global EV market is still charging ahead. According to new numbers from global research firm Rho Motion, 9.1 million EVs were sold worldwide in the first half of 2025, up 28% compared to the same period last year. But not every region is accelerating at the same pace.
China and Europe are doing the heavy lifting
More than half of the world’s EVs this year have been bought in China. That market hit 5.5 million sales in the first six months of 2025 – a 32% jump year-over-year. Around half of new cars bought in China are now electric.
While some Chinese cities’ subsidies have dried up, Rho Motion expects momentum to pick back up later in the year as more funding is released.
In Europe, 2 million EVs were sold in the first half of the year, up 26%. Battery electric vehicle (BEV) sales also rose 26%, thanks in part to affordable models like the Renault 4 (pictured) and 5 entering the market. Plug-in hybrids (PHEVs) weren’t far behind, growing 27% year-to-date. Chinese automakers are leaning into PHEVs as a way to work around the EU’s new tariffs on BEVs.
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Spain is leading the pack with EV sales soaring 85% so far this year. Its generous MOVES III incentive program was extended in April and has kept sales strong. The UK and Germany are also seeing solid growth – 32% and 40%, respectively. France, however, is slumping. With subsidies cut, EV sales there have dropped 13%.
North America is stuck in the slow lane
Things aren’t looking quite as bright in North America. EV sales in the US, Canada, and Mexico are up just 3% so far this year.
Mexico is the one bright spot, with a 20% boost. The US is up 6%. But Canada is down a whopping 23%.
And things could get bumpier. On July 4, Trump signed Congress’s big bill into law, which axes all the Inflation Reduction Act EV tax credits. Those consumer credits for EVs now officially end on September 30.
Just over half of the EVs sold in the US this year qualified for those credits. Rho Motion predicts a rush in Q3 before the subsidies disappear – and a decline in sales after that.
Rho Motion data manager Charles Lester said, “With Trump’s latest cuts in his ‘Big Beautiful Bill,’ the US could struggle to see any growth in the EV market overall in 2025.”
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Lucid’s electric sedan can drive further, charge faster, and packs more advanced tech than most of the competition. That might explain why it’s leading the segment. The Lucid Air remained the best-selling luxury EV sedan in the US after widening its lead in the Q2.
The Lucid Air is America’s best-selling luxury EV sedan
The 2025 Lucid Air Pure arrived as the “World’s most efficient car” with an EPA-estimated range of 420 miles and a record 146 MPGe.
It just set a new Guinness World Record last week for the longest journey by an electric car after travelling 749 miles (1,205 km) on a single charge.
That record was set in the range-topping Lucid Air Grand Touring model, which is rated for up to 512 miles of EPA-estimated range. On the WLTP scale, it’s rated at 597 miles (960 km). Either way, it still crushed the estimates.
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According to second-quarter sales data, released by Kelley Blue Book on Monday, the Lucid Air is still America’s best-selling luxury EV.
Lucid sold 2,630 Air models in Q2, up 10% from the previous year. Through the first half of 2025, Lucid Air sales are up 17% with 5,094 units sold.
Lucid Air (Source: Lucid)
Tesla, on the other hand, only sold 1,435 Model Ss during the quarter, 71% fewer than it did in Q2 2024. Tesla Model S sales in the US are down 70% through the first half of the year at 2,715.
Although Porsche Taycan sales were up 32% with 1,064 models sold, the significantly upgraded 2025 model year was expected to see even more demand. Porsche has 2,083 Taycans in the US this year, up just 1% from 2024.
Lucid Air Pure interior (Source: Lucid)
Other luxury EV sedans, such as the BMW i5 (1,434), i7 (820), and the Mercedes EQS (498), experienced steep double-digit sales declines year-over-year.
And it’s not just electric luxury sedans. The Lucid Air is currently outselling many gas-powered vehicles in its segment.
Lucid Air (left) and Gravity (right) Source: Lucid
Lucid’s first electric SUV, the Gravity, is also rolling out. Although only five were sold in the second quarter, Lucid is quickly scaling production. Lucid aims to produce 20,000 vehicles this year, more than double the roughly 9,000 it built in 2024.
Earlier today, Lucid’s interim CEO, Marc Winterhoff, confirmed during an interview with Bloomberg that the company expects higher Gravity output in the second half of the year.
The interview was at the grand opening of Panasonic’s new battery cell plant in De Soto, Kansas. Winterhoff said Lucid will start using new cells from the facility, but not until next year.
Lucid’s CEO stressed the importance of establishing a local supply chain, as policy changes under the Trump Administration are taking effect. Lucid and Panasonic are collaborating to localize EV materials, such as graphite. Last month, Lucid secured a multi-year supply agreement with Graphite One for US-sourced Graphite.
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