A new car company has been formed in the UK which claims it will soon be building tens of thousands of electric-engined vehicles every year.

Oxford-based Liberty Electric Cars is investing £30 million in re-engineering large luxury cars and four-wheel drives into emission-free, high-performance electric vehicles.

Part of the project will also see the launch of the world’s first zero-emission Range Rover – claimed to have a range of 200 miles and likely to cost netween £95,000 and £125,000.

Essentially the company will take the petrol or diesel engine from a car and replace it with an electric motor.

The company, founded by technology entrepreneur Barry Shrier, is currently seeking a manufacturing base in England.

A spokesman for Liberty said: “The electric car market is moving out of its early adoption phase and electric cars will soon be part of mainstream sales.

“However, the main focus is in small ‘city-type’ cars with compromised performance and functionality.

"Liberty will focus on zero-emission cars that satisfy the family, luxury and sports car sectors.”