Perseus Motor Corporation is a British electric vehicle startup founded by Mohammed Yehya El Bakkali, aiming to launch its first model—a premium, tech-focused compact SUV—by late 2027. The company employs an asset-light strategy, licensing a state-of-the-art EV platform from a European OEM and collaborating with a renowned Italian design and engineering firm. Production will be managed by a European contract manufacturer, while a leading…