TGI SOLAR POWER GROUP INC. announced that it has received a draft of Manufacturing Agreement, which would allow TGI Auto Division to start production of electric vehicles and proceed with its expansion plans in Europe. TGI's initial plan of Electric Vehicles assembly plant, will require financing EUR 15 million to EUR 20 million combination of debt and equity. Financing is going to be done through wholly owned European subsidiary, proposed name is TGI AUTO GROUP AB.