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Caparo Vehicle Technologies (CVT), formerly known as Freestream Cars Limited, was a British company that provided advanced technology development, materials engineering, and design services to and markets. Caparo Vehicle Technologies went into administration in 2015, and was fully dissolved by 2019.
Caparo Vehicle Technologies official web site
Automotive companies of the United Kingdom {{motorvehicle-company-stub Sports car manufacturers 2004_establishments_in_England 2019_disestablishments_in_England British_companies_established_in_2004 Vehicle_manufacturing_companies_disestablished_in_2019 Defunct_motor_vehicle_manufacturers_of_England
Caparo Vehicle Technologies (CVT), formerly known as Freestream Cars Limited, was a British company that provided advanced technology development, materials engineering, and design services to and markets. Caparo Vehicle Technologies went into administration in 2015, and was fully dissolved by 2019.
History
Caparo Vehicle Technologies was originally founded in 2004 as Freestream Cars Limited by Graham Halstead and Ben Scott-Geddes who had both worked on theMcLaren F1
The McLaren F1 is a sports car designed and manufactured by British automobile manufacturer McLaren Cars, and powered by the BMW S70/2 V12 engine. The original concept was conceived by Gordon Murray. Murray was able to convince Ron Dennis to ...
project. In February 2006, Freestream announced a concept car, the Freestream T1. In March 2006, the company was acquired by Caparo
Caparo plc is a British company involved mainly in the steel industry, primarily in the design, manufacturing and marketing of steel and niche engineering products.
Current affairs
Caparo was founded by Lord Swraj Paul, in 1968.
Sixteen compa ...
. The deal was put together by future Commercial Director, Sean Butcher. After the acquisition, Caparo CEO Angad Paul
Angad Paul (6 June 1970 – 8 November 2015) was a British businessman and film producer.
Background and education
Paul was born on 6 June 1970, the youngest son of the billionaire entrepreneur and politician Swraj Paul, Baron Paul. He attend ...
became chairman.
Vehicles
Caparo Vehicle Technologies produced one vehicle, the Caparo T1. The T1 is a two seat, rear wheel driveautomobile
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods.
The year 1886 is regarde ...
inspired by Formula 1 racecars. The company sold 15 cars by 2012.
Administration and closure
The company entered administration in 2015 just days after the death of Caparo CEO,Angad Paul
Angad Paul (6 June 1970 – 8 November 2015) was a British businessman and film producer.
Background and education
Paul was born on 6 June 1970, the youngest son of the billionaire entrepreneur and politician Swraj Paul, Baron Paul. He attend ...
. The company was liquidated and fully dissolved by 2019.
See also
*Caparo
Caparo plc is a British company involved mainly in the steel industry, primarily in the design, manufacturing and marketing of steel and niche engineering products.
Current affairs
Caparo was founded by Lord Swraj Paul, in 1968.
Sixteen compa ...
* Caparo T1
* List of car manufacturers of the United Kingdom
References
External links
Caparo Vehicle Technologies official web site
Automotive companies of the United Kingdom {{motorvehicle-company-stub Sports car manufacturers 2004_establishments_in_England 2019_disestablishments_in_England British_companies_established_in_2004 Vehicle_manufacturing_companies_disestablished_in_2019 Defunct_motor_vehicle_manufacturers_of_England