APC announces £74m funding to develop new low carbon auto technology
Sat 16 January 2016
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The Advanced Propulsion Centre (APC) has announced that five new, innovative projects to develop new low carbon and energy efficient technology in the automotive sector will receive £74m support. The five projects are expected to design new products and systems that will change technology used in the automotive sector from vans to high-end sports cars. They are the latest investment in the 10-year, £1 billion co-investment programme in advanced propulsion technology being spearheaded by the APC.
The projects are:
1. The London Taxi Corporation is embarking on a project to deliver a series of light-weight, zero-emission capable, range extended vehicles in a £46.5 million project
2. Morgan Motor Company has been awarded a £6 million grant to develop heavily down-sized, fuel efficient petrol engines coupled with the latest electrification technologies to produce hybrid sports cars and all-electric variants
3. A consortium led by AGM Batteries has been awarded £5.4 million for a project to develop the next generation of battery packs for high performance, low carbon vehicles
4. A consortium led by engineering firm Parker Hannifin has been awarded a £2.9 million grant to reduce the carbon footprint of electric forklift vehicles
5. An innovative research project of £13.1 million led by Jaguar Land Rover which will build up the automotive turbocharger supply-chain in the UK
BIS says it expects the five projects to create and protect 851 jobs and save over 4.2 million tonnes of CO2. They build on 10 low carbon projects already awarded funding by the APC which are forecast to create 4,500 jobs and save 12 million tonnes of CO2.
APC Director for Technology and Projects, Jon Beasley said: “The announcement of the fourth round competition winners demonstrates the Government’s ongoing commitment to supporting the UK’s low carbon advanced propulsion system innovation ecosystem.”
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