McLaren said to be developing an all-electric hypercar

The new, unnamed vehicle is reportedly not the same as the previously rumored P15, a lightweight Ultimate Series car we learned more about just last month. The EV is set to arrive sometime after the release of both the P15, which comes later this year, and the release of the BP23 hybrid in 2019. The latter is a replacement for the three-seater F1.

Autocar reports that the automaker plans to produce five models of the EV initially and let favored McLaren owners drive them as part of the development process. It also plans to introduce hybrid replacements for its 570 Sport Series and 720 Super Series in 2020 and 2021, respectively.

McLaren has said it expects half of its fleet to feature hybrid powertrains by 2022.