Car sector funding to boost green recovery
Ten innovative automotive technology projects will share £73.5 million of Government funding to research and develop recyclable batteries and state-of-the-art motors for electric taxis, cars and vans.
Business Minister Nadhim Zahawi said the funding will contribute to the automotive sector’s recovery from the coronavirus pandemic by safeguarding more than 14,000 UK research and manufacturing jobs.
He added, “Whether it’s researching future battery design or creating a lightweight version of the Ford Transit, companies in every part of the United Kingdom are leading the world in advanced automotive technology.”
The successful projects were chosen by the Advanced Propulsion Centre (APC), which seeks to maintain the UK’s position as a centre of excellence for the research and development of low carbon vehicle technology.