TVR cars to be made in Wales

Reborn British brand TVR is build its new sports car in Ebbw Vale, South Wales, creating 150 jobs.

TVR is the second manufacturer to announce a major investment in Wales in recent weeks after Aston Martin said it was to open a new facility in the Vale of Glamorgan to build its DBX crossover.

The Welsh Government will also invest in the project, representing more than £30 million of capital expenditure over the next five years.

“This is a fantastic opportunity both for TVR and the Welsh Government,” said Les Edgar, Chairman of TVR.

“South Wales is becoming a major hub for automotive and motorsport technology and development and the area is a serious opportunity for business development and job creation. We have a sports car project that has garnered global approval and excitement, and we are delighted that the Welsh government wish to become a part of an exciting new era for TVR.”

Welsh First Minister Carwyn Jones added: “This is yet another fantastic high profile investment for Wales and a great boost for our automotive sector.

“TVR is another iconic and much loved, world-class brand that still commands a strong and loyal international following. I am delighted the next generation of TVRs will proudly bear the label Made in Wales.”

The new TVR project, which was announced in early 2015, has already secured more than 350 deposits for the launch edition car, which features innovative design and styling that maintains the distinctive TVR DNA, but also includes F1 inspired, ground-effect technology.

The chassis and body has been designed by Gordon Murray of Gordon Murray Design Ltd. and will be the first production car to be manufactured using his revolutionary iStream assembly process. Power is provided by a Cosworth tuned V8 engine.

TVR was founded in 1947 and its famous models included the Griffith, Tuscan and Chimaera. However, it has not produced any cars since 2006.