The Lightning Car Company, based in London and Peterborough, is still in the process of investor discussions to fund the build of its sleek electric sports car, the Lightning GT.

A prototype of the vehicle won praise at last year's British Motor Show.

It is likely to use 120kw electric motors on each wheel, giving it an equivalent of 650bhp while the batteries give a 300km range and "fast-charge" option.

Prices are due to be about £125,000 with the model expected to be ready next year.