Everything we know so far about TVR's revival as the British brand plots EVs
Delays initially stemmed from the Welsh government’s 3% stake in the sports car firm, which, under EU rules, necessitated a lengthy tendering process for the sourcing of a construction contractor.
“Further investment is required,” it says, “to deliver the pre-existing order book, which is expected to realise the forecasts and financial projections.” It adds that “discussions are ongoing with a number of prospective equity investors”.TVR has promised a trio of new EVs to follow the Griffith – one will be based on the debut coupé – but has given no details of how it plans to power them, what they will look like or when we can expect them.
However, its targeted workforce of 200 people and the limited market appeal of its first model suggest that ramp-up will not come quickly. Now the brand is promising to reveal details of the cars that will follow the model it has waited five years to make.
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