The noted (but obscure) English car company Morgan has secured a £6 million ($8.5 million) grant from the UK’s Advanced Propulsion Center — as well as further assistance from Delta Motorsport and Potenza Technology — according to recent reports.
The grant brings the company’s plan to build an electric version of the famous, original 3-wheel, 2-seat “Henry Frederick Stanley” model released by the company all the way back in 1910. The new electric version, known as the “EV3” is currently expected to enter small-scale production sometime later this year.
“This is a very exciting project for us,” stated Morgan’s managing director Steve Morris. “We have been involved in the research and development of new propulsion technology since the inception of the LifeCar project almost 10 years ago. We are now ready to develop the best hybrid and electric drivetrain solutions for production implementation before the end of the decade.”
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The money will also be used to fund development of plug-in hybrid and electric powertrains for the EV3 and the rest of the Morgan product lineup.
…Morris also said the new technology would give Morgan cars “best in class fuel economy” and “broaden the appeal of the brand and attract new customers in our key markets.” That first claim is certainly true. It’s hard to think of another car that is in the same class with any current Morgan.
The grant decision was announced during a visit from the country’s business secretary, Sajid Javid, to the Morgan factory a few weeks ago.