The measure, which is set to boost jobs and growth in the sector, was announced by business secretary, Sajid Javid, on a visit to the Morgan Motor Company.
The funding has been awarded by the Advanced Propulsion Centre, a 10-year, £1 billion joint partnership between Government and the automotive industry. The latest round of funding is expected to create and protect 851 jobs and save more than 4.2 million tonnes of CO2, and it builds on the 10 low carbon projects already funded.
The projects who will receive funds are:
- The London Taxi Corporation, for a project expected to deliver lightweight, zero-emission capable, range extended vehicles.
- A research project of £13.1m led by Jaguar Land Rover which will build up the automotive turbocharger supply-chain in the UK.
- Morgan Motor Company, awarded a £6m to develop heavily down-sized, fuel efficient petrol engines coupled with the latest electrification technologies to produce hybrid sports cars and all-electric variants.
- A consortium led by AGM Batteries, awarded £5.4m for a project to develop the next generation of battery packs for high performance, low carbon vehicles.
- A consortium led by engineering firm Parker Hannifin has been awarded a £2.9m grant to reduce the carbon footprint of electric forklift vehicles.
Javid (pictured) said: “These new projects will cement the UK’s position as a leading global centre for low carbon innovation and manufacturing. Our fast-growing and diverse automotive industry has been especially successful at exporting high-value, high-technology vehicles all over the world, and our focus on next-generation innovation will ensure we can continue this progress and create even more high-skilled jobs.”
