Exclusive: TVR Griffith EV to be followed by electric saloon and SUV | Autocar

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Exclusive: TVR Griffith EV to be followed by electric saloon and SUV | Autocar
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Autocar speaks to TVR chairman Les Edgar and investor Daniel Layton on the brand's future and plans for sustainable business

outside of his own company – is not yet finalised, but TVR has long had close ties to the Welsh government, which has a 3% stake in the firm having invested in it in 2016. As part of that deal, TVR was loaned £2 million, although the company repaid that, along with accrued interest, earlier this year, potentially leaving it free to explore other manufacturing sites.

“We will make a decision very soon,” said Berriman. “The key to our assembly process is that it can be set up very quickly, but all our decisions have to be taken with the longer-term plans for the firm in mind. The UK will always be the centre of this brand, but we expect to be agile enough to look at production in other locations as we seek to expand our plans globally.

Sales will be handled directly by TVR, with the brand building its online presence to offer international orders. The focus will initially be on the UK, where three ‘brand experience centres’ will be opened to showcase the vehicles and an array of high-end, luxury options, with the first expected to be in Mayfair.

A launch-edition Griffith V8 will be limited to 500 units, with prices starting from £90,000 and reservations available for a £5000 deposit. Pricing for the Griffith EV has not been revealed, but it is expected to push the firm further into the luxury market at around £150,000.

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