As expected, sports car maker TVR will follow the lead set by
Aston Martin and build its new car in a new
production facility located in Wales; in this case in the Ebbw Vale Enterprise
Zone in South Wales.
The
Welsh Government will also invest in the car maker, further enhancing this manufacturing
project which represents over £30 million of capital expenditure over the next
five years.
TVR, an independent
British sports car manufacturer established in 1947 by Trevor Wilkinson, has
had a chequered career. The business established itself as a leading light in
the British low-volume sports car market, building an international reputation
for high-performance vehicles and innovative design. The current management
team acquired the brand in 2013.
The contracts to locate the new TVR factory in
Wales were signed last Friday and the deal was officially announced by Rt. Hon
Carwyn Jones, the First Minister of Wales, at a press conference this morning.
Currently, TVR is looking at several specific
options for the precise location of the factory, the outcome of which will be
the subject of a separate announcement in the coming weeks.
Les Edgar, TVR’s chairman said: “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. We have a sports car project that has garnered global approval and
excitement, and we are delighted that the Welsh government wish to become a
part of an exciting new era for TVR.”
The First Minister said: “This is yet another fantastic
high profile investment for Wales and a great boost for our automotive sector.
TVR is another iconic and much loved, world-class brand that still commands a
strong and loyal international following. I am delighted the next generation of
TVRs will proudly bear the label Made in Wales.”
“Today’s news follows hot on the heels of the
Aston Martin announcement and sends out a strong, clear message that Wales is
the location of choice for advanced manufacturing. It also illustrates that our
pro-business approach is delivering results, attracting significant investment
and creating high quality jobs and it is another huge boost for Wales, for our
automotive sector and for our skilled workforce.”
The new TVR project, announced in early 2015,
has already secured over 350 deposits for the new launch edition car, which
features innovative design and styling that maintains the distinctive TVR DNA,
but includes what is called “F1-inspired, ground-effect technology”.
The chassis and body has been designed by
Gordon Murray of
Gordon Murray Design Ltd. and will be the first production car to
be manufactured using its revolutionary iStream assembly process.
Cosworth-Ford power unit
The all-aluminium Ford ‘Coyote’ V8 has been re-engineered by Cosworth in
Northampton and the entire car may be seen at this year’s Le Mans 24 Hours.
According to TVR, the
Coyote V8 will power every version of its new Gordon Murray-designed car, with
power outputs believed to range from around 450bhp to beyond 500bhp.
Every engine will be hand-assembled in
Cosworth’s world-famous race shop, under the same conditions and by the same employees
as the firm’s F1 and IndyCar race engines.
It remains to be seen what happens in the
future. If production volumes – say to over 500 a year – of the car climb
significantly, Cosworth may have to identify a separate manufacturing unit. But
at present, the Northampton facility is the main focus of production.
TVR plans several versions of its car – from
standard and extra-performance road car to track car, Tuscan series racer and
Le Mans car. Power output could therefore be in range from around 450bhp to
beyond 500bhp.
In standard form, the engine already appears
in power levels from around 300bhp to 412bhp in the recently launched European Ford
Mustang.
It is understood the TVR engines will receive
a unique engine management system, which has been designed by Cosworth to
modify the behaviour of the engine’s variable cam phasing.
There will also be a lighter flywheel, a dry
sump and unique manifolds to suit the cars’ side-exit exhausts.
The Ford engine has a good track record and
TVR needed an engine with built-in reliability and long life as well as enough
for potential for the additional performance TVR engineers had in mind.
Cosworth has enjoyed a relationship with Ford
that extends over 60 years and it sees the Coyote as a modern, compact and lightweight
power unit with potential for growth.
It may be recalled that Cosworth was formed in
1958 by Mike Costin and Keith Duckworth. It, like TVR, has had a chequered
history, but nevertheless claims to have become “the most successful
independent engine manufacturer in history as well as one of the market leaders
in performance electronics, with a string of driver and manufacturer titles to
its credit in a wide range of formulae with impressive performances in Formula
One, IndyCar, Champ Car, WRC, sports cars and MotoGP”.
TVR needs a good power-to-weight ratio from
its Cosworth-Ford engine – the target weight for the first car is 1100kg.
TVR aims to reveal and display a version of
its Le Mans car at the 2017 and plans to be ready to compete in the 2018 race.
The Welsh factory will be busy fulfilling
orders that already run through to the end of 2018 with a target date
for the second half of 2017 for the first cars to start reaching customers.
Before then, however, there is much groundwork
to cover, including building up manufacturing process routines as well as
training staff. A long way to go - a very long way.
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