Longbow to manufacture hand-built electric Speedster sports car in Nuneaton
British carmaker Longbow has announced plans to begin production of its hand-built, limited-edition electric Speedster sports car at Mira Tech Park in Nuneaton next year. According to BBC Business reporting, the project has received backing from a government fund, with aims to create skilled jobs.
Key points
- Longbow plans to begin production of its electric Speedster sports car at Mira Tech Park in Nuneaton next year.
- The project is backed by funding from the government's West Midlands Supplier Readiness and Transformation fund, with matching funds from Longbow.
- The limited-edition vehicle has an expected price tag of around 85,000 pounds and aims to create skilled jobs.
What happened
British carmaker Longbow has unveiled plans to manufacture its limited-edition electric Speedster sports car at Mira Tech Park in Nuneaton starting next year, as reported by BBC Business. The project is supported by funding from the government's West Midlands Supplier Readiness and Transformation fund, which the West Midlands Combined Authority states will be match-funded by the company.
Co-chief executive officer Daniel Davey and co-founder Mark Tapscott showcased the vehicle to Business Secretary Jonathan Reynolds and West Midlands mayor Richard Parker. According to Longbow, the Speedster carries an estimated price of around 85,000 pounds and has attracted a global waiting list.
Context
Mayor Richard Parker noted that the venture is expected to be followed by Longbow's Roadster model, generating skilled jobs in the region. Longbow plans to manufacture cars annually.
Business Secretary Jonathan Reynolds stated that the government funding is intended to strengthen the automotive supply chain and industry. Car industry expert Professor David Bailey compared the company's approach to early efforts by Tesla in producing lightweight, fast electric sports cars.
What's next
Longbow is scheduled to begin production of the Speedster at Mira Tech Park in Nuneaton next year, with subsequent plans for its Roadster model.
The company intends to build on regional design expertise based in Leamington Spa and engineering talent across the West Midlands.
Why it matters
The production launch highlights regional manufacturing investments in the UK electric vehicle sector, aiming to create skilled jobs and leverage local supply chains for low-volume, high-quality sports cars.
What we know
- Longbow plans to start production of its limited-edition Speedster electric sports car at Mira Tech Park in Nuneaton next year, according to BBC Business reporting.
- The project received funding from the government's West Midlands Supplier Readiness and Transformation fund.
- Longbow plans to manufacture cars and create skilled jobs.