Longbow, a British electric carmaker, has announced plans to begin production of its hand-built Speedster at Mira Tech Park in Nuneaton, Warwickshire. Source: bbc.co.uk.
What Happened
The company will start manufacturing its limited-edition electric sports car. The Speedster is designed for low-volume, high-quality production.
Longbow’s co-founders Daniel Davey and Mark Tapscott said the region offers unique talent and know-how not found elsewhere in the UK.
Key Facts
- The Speedster has a global waiting list of buyers, with prices around £85,000.
- Production will begin at Mira Tech Park in Nuneaton.
- The project was backed by funding from the UK government’s West Midlands Supplier Readiness and Transformation fund.
- West Midlands mayor Richard Parker said the region has a history of car manufacturing.
Why It Matters
Longbow claims it cannot build the Speedster anywhere else in the world. This is due to the availability of skilled local talent and supply chain expertise.
According to Daniel Davey, the car requires low-volume, high-quality components. These are best produced locally, even if heavy parts are sourced globally.
Professor David Bailey, a car industry expert, said Longbow is replicating Tesla’s early model of lightweight, fast electric sports cars.
The project demonstrates the UK’s capability in low-volume, high-margin EV design, though broader industry growth remains a challenge.
Background
The Speedster was developed in under two years, from concept to test track demonstration. Designers are based in Leamington Spa, with engineers across the West Midlands.
Longbow’s production is supported by regional expertise and infrastructure, including Mira Tech Park, a hub for advanced manufacturing.
What to Watch Next
After the Speedster, Longbow plans to launch its Roadster model, creating more than 200 skilled jobs.
The project is supported by government funding and Longbow’s investment. This funding aims to strengthen the EV supply chain in the region.
Source: BBC News
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