Crazy sports cars are sure to follow.
TVR's officially back! And the automaker has finally confirmed that it will base its new production facility in Ebbw Vale, Wales. It looks like Wales is becoming the go-to place to build British sports cars. Just a month ago, Aston Martin announced that it would set up a factory in the Vale of Glamorgan. The Welsh government appears to be giving TVR a helping hand by providing the automaker a reported $42.6 million over five years with the hopes that the sports car brand will attract new businesses.
The factory will be located in the Ebbw Vale Enterprise Zone and should be close to the state of the art race track, which is being built the in same country of Blaenau Gwent. TVR chairman Les Edgar, stated: "This is a fantastic opportunity both for TVR and the Welsh Government. 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." The announcement for a new factory could not have been made at a better time as TVR plans to start production of its new sports car next year with deliveries starting in the summer of 2018.