To calculate the horsepower needed for a small hatchback weighing 950 kg with a top speed of 144 km/h, aerodynamic drag is the primary factor, requiring approximately 50 hp or 37 kW. Additional power is necessary for acceleration, suggesting a target of around 55 kW to achieve the desired speed efficiently. The discussion emphasizes the importance of accounting for losses due to drag, rolling resistance, and transmission inefficiencies. Calculating brake mean effective pressure (BMEP) and port velocity requires more specific data, including engine displacement and configuration. Overall, the calculations indicate that a well-rounded estimate for engine specifications starts around 55 kW, factoring in various resistances.