Destrix Posted June 25, 2020 Share Posted June 25, 2020 (edited) TVR is attempting to raise fresh capital in order to take its reborn Griffith sports car to production, having outlined to investors a plan for adding new derivatives and even future-proofing the model for the electric age. There have been no public updates from the company since March, when it confirmed that a planning application had been submitted to Blaenau Gwent County Borough Council for refurbishing a factory on an industrial estate in Ebbw Vale, South Wales. The building is to be turned around by the Welsh government before being leased to TVR. When contacted by Autocar, the council said a decision on planning approval still hasn’t been made. The Welsh government told BBC News earlier this year that the site would become TVR’s factory only once the company could prove that it had raised the capital needed to start car production. TVR chairman Les Edgar previously claimed that factory delays were the result of European Union bureaucracy caused by the Welsh government’s involvement. Edited June 26, 2020 by Dr.Drako Closed Topic / Complete 24 hours. Link to comment Share on other sites More sharing options...
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