TVR becomes a partner of Formula E

TVR is a manufacturer of British origin specializing in the production of low-volume sports cars. The company, founded in 1946, changed hands for the last time in 2013 after entering the 21st century on a shaky footing. Now, the new managers of the company are trying to reinvent it and relaunch it in style.

The first step was the presentation in 2017 of the Griffith Prototype, which heralded the arrival of a new generation of the iconic Griffith sports car, one of the company’s longest-lived. This prototype was equipped with a 5.0 V8 engine of Ford origin (we understand that it is the famous 5.0 Coyote currently used in the Mustang).

Now, TVR has twisted its strategy by announcing that it will become a sponsor of the Formula E electric single-seater championship, one of the reference competitions in the thriving electric motorsports sector. In addition, it has also confirmed that it will launch an electric version of the Griffith in 2024.

Les Edgar, Chairman of TVR, states that this strategic partnership “demonstrates not only our commitment to revolutionize the TVR brand but also electric vehicles and become a sustainable business with net zero emissions”. This move  “marks a turning point in the strategic direction of the iconic British high-performance sports car manufacturer as it accelerates its plans to go electrified . “

The electric TVR Griffith will have a carbon fiber chassis

Matt Scammell, CCO of Formula E, has shown his enthusiasm for this alliance. “Seeing TVR, an iconic manufacturer of high-performance sports cars, cross over and make this commitment to electric is a significant milestone and in line with Formula E’s vision of an electric future. TVR is a beloved brand and we look forward to working alongside them in Monaco and London to showcase their electrification plans.”

TVR Griffith Prototype

TVR will bet on its next models for a manufacturing system called ” iStream Carbon “. Designed by Gordon Murray, the engineer behind the legendary McLaren F1, this process allows carbon fiber to be manufactured at a lower cost than usual. Other companies like Yamaha will also use this solution.

Recently, TVR and the South American company Ensorcia Metals, which specialized in lithium mining, created a joint venture to finance the production of the Griffith and guarantee the supply of cells for future electric models of the brand, which has not yet been revealed. no technical details.

The post TVR becomes a partner of Formula E appeared first on Latest Car News.


Latest Car News

Comments

Post a Comment

Popular posts from this blog

New KIA e-Niro already has a price in Spain

Image
A few months after its official presentation, KIA opened the order books for the new e-Niro in Spain. The revamped compact SUV, which now sits on the K3 platform already seen in the latest Hyundai Elantra, is slightly longer (6.5 centimeters) than its predecessor and  debuts a completely revamped exterior and interior design . However, mechanically there are not too many changes. The second-generation KIA e-Niro is equipped with a 204 hp (150 kW) and 255 Nm engine coupled to the front axle, thanks to which it can complete the 0 to 100 km/h in 7.8 seconds. Its battery pack will have a capacity of 64.8 kWh, enough to approve a maximum of  463 km WLTP  (its official consumption is 15.9 kWh/100 km), a minimal improvement compared to the 455 km WLTP achieved by its predecessor which tells us that, despite the use of a new platform, the powertrain is likely to be very similar. As for the load, for the moment it has only been revealed that it  will take 43 minutes to go from 10 to 80%  conn
Read more

Peugeot 508 2023: Revealed with new design

Image
Peugeot has introduced the new 508 and station wagon version 508 SW. The design has become modern, as have the engines. We tell you what you need to know. Peugeot unveiled the new 508 and 508 SW. The mid-life facelift brings not only a new look but also new technology. The Peugeot Sport Engineered version has also been revised, and the alternative to the BMW M340i gets a little more power than before. 2023 Peugeot 508 prices and launch date The new Peugeot 508 will be launched in June this year, with deliveries starting shortly thereafter. The exact pricing has not yet been announced, but we expect it to be more expensive than the current model. The 508 in the standard version will probably cost around 47,000 euros, the station wagon is a bit more expensive. Exterior design The Peugeot 508 has always been a great family car, and this facelift brings it up to date for 2023. The most noticeable change can be seen at the front. The grille has been completely revised and now looks muc
Read more

VW thinks price war in China will lead to many bankruptcies

Image
Ralf Brandstätter, CEO of the Volkswagen Group in China , believes that the electric car market is “overheating”, with high investments and aggressive discounts that could threaten the stability of the sector. In particular, he points out that the pressure to which some manufacturers are subjected could lead to their demise. This situation mainly affects younger brands: according to the manager, many new players will urgently have to seek additional capital investment, or else they will go  bankrupt in the short term .  “We are facing a situation where the market is overheating. The consolidation of the playing field is in full swing. Although without making direct mention of Tesla, Brandstätter  is very critical of the price war that has rocked the Chinese market in recent months .  “Currently, there are more than 120 automakers in the [electric vehicle] market, and around 150 new models will be launched by 2023. Intense competition and high battery prices make them face strong econ
Read more