TVR Still Plans A Comeback With Electrified Sports Cars
Yet, there’s still no idea on when the Griffith will be put into productionby Alina Moore, on LISTEN 03:15
Launched back in 1946, TVR has had a rough past, but even so, it offered some of the most distinctive and visceral, lightweight, British sports cars in the world. The company saw different ownerships during its existence, and since 2013 it has been owned by a syndicate of British businessmen led by Les Edgar. After officially announcing its death in 2012, TVR planned a revival with the launch of a new Griffith sports car. The model was announced in 2017, but the pandemic and some emission problems halted production once again. Now, during a recent invite, British magazine AutoCar has learned that TVR has a new revival plan, but this time it will be done with electric sports cars.
What will the future bring for TVR?
TVR is known for having a lot of financial issues. At the end of June 2021, the company only had £8000 in cash to go with and £12.1 million of liabilities and borrowings payable within 12 months. But, in early 2022, TVR announced "a multimillion-pound investment" from South American partner firm Ensorcia. While we have no idea how much this investment actually is, TVR announced it will be enough to prepare the production line for the Griffith, prepare an electric version of it, and also repay a £2 million loan from the Welsh government.
Although it did not offer any details on them, TVR announced that the Griffith will be followed by three electric cars. This shouldn’t come as a surprise to anyone considering that Ensorcia is a specialist in “green lithium mining and processing.” The company promised to offer more details on these three electric sports cars in the near future, but it pretty clear that the Griffith V-8 will mark the end of an era for the British company.
What will happen with the TVR Griffith?
Launched in 2017, the Griffith is already five years old, which means that even if it never made it to production, its design elements are not as impressive as they were at launch. To make an idea, the sports car was announced pretty much at the same time with the Mercedes-AMG One - but the latter finally made it to production. Not to mention that it is also one of the four cars still powered by naturally aspirated V-8 engines, alongside the Lexus LC500, Lexus RC F and Ford Mustang - and we know the Mustang is about to go hybrid.
The Griffith was supposed to go into production at TVR’s factory in Ebbw Vale, Wales, but the pandemic delayed it. Now the company announced it plans to employ 200 people for the development of the car and it appears to be making significant progress. Of course, we still have no idea when we will finally see the car on the road.
Just as a reminder, the Griffith is powered by a 5.0-liter, Cosworth-enhanced V-8 engine with some 555 horsepower on tap. The engine sends its power to the rear wheels via a six-speed manual transmission and the car can sprint from 0 to 60 mph in under 4 seconds. Top speed goes up to more than 200 mph.