Britain’s automotive industry is set to benefit from a £73.5 million government investment to develop green technologies and safeguard jobs, Business Minister Nadhim Zahawi announced today (Tuesday 23 June).
Ten projects across the UK will receive a share of this new investment to develop cutting-edge technology for the next generation of electric taxis, cars and vans – including recyclable batteries, advanced electrical systems and ultra-lightweight components.
The successful projects are:
• LEVC – Electric Vehicle Evolution (Coventry): The London Electric Vehicle will develop a new battery designed specifically for its vehicles for higher performance and also to be reused and recycled
• Constellium Ltd – ALIVE (Slough): This project will develop the manufacturing processes for light weight, crash-resistant battery enclosures. These will be used in ultra-low emission vehicles
• Cummins Turbo Technologies Ltd – TRIDENT (Huddersfield): This project will look to develop and manufacture an all-new electrical turbo that has greater efficiency and is for use in fuel cell electric vehicles
• Ford Technologies Ltd – eSHADOW (Warwick): This project will determine the technical, financial and environmental challenges of using advanced, lightweight materials in vehicle manufacturing
• Jaguar Land Rover – Hi-VIBES (Coventry): A consortium of academics and industry will create a new electronic system that will be easier to build, as well as being lighter and cheaper
• Avid Technology Limited – REVO (Cramlington, near Newcastle): It will help deliver improvements in electric and hybrid vehicle efficiency
• TEVVA – SANGREAL (Chelmsford): This project will bench-test an innovative design of axle for 7.5 to 14-tonne commercial vehicles. It will improve safety through better impact robustness
• Magnetic Systems Technology Ltd – Magtec (Sheffield): Magtec aims to become the UK’s only complete electric drivetrain Tier 1 supplier for commercial vehicles
• BMW (Motorsport) Ltd – FutureBEV (Warwick & Newport): This project aims to deliver better powertrains that are more cost-efficient
• Jaguar Land Rover – ZEUS (Coventry): This project will develop a high-performance four-wheel drive 400kW Fuel Cell Electric Vehicle (FCEV)
Business Minister Nadhim Zahawi announced the 10 projects at the Society of Motor Manufacturers and Traders’ virtual International Automotive Summit today.Pls SUBSCRIBE below to our Youtube channel and mailing list to get fresh updates on money making and inspiring videos and articles.