TVR Griffith delayed until 2020 due to EU funding rules

The TVR Griffith has been delayed again. Time time EU rules regarding state funded companies is delaying construction of the company’s new factory in Wales.

According to AutoRAI, Wales owns 3% of TVR, which means that it qualifies as a state-owned company. And in the EU, state-owned companies need to put out EU-wide tenders for factory upgrades and refurbishment.

When the second generation Griffith was launched in 2017, it was scheduled to enter production in 2018.

The 2020 TVR Griffith weighs just 1,250kg (2,755 lb) as it has a carbonfiber fitted over a tubular steel frame, and is made using Gordon Murray’s iStream process.

The Griffith is powered by a 5L Cosworth V8 with 373kW (500hp), a 6-speed manual and RWD.

Source: Motor1, AutoRAI