The UK Secretary of State for Business and COP 26 President Alok Sharma has announced a £36.7m investment to design, test and manufacture electric machines in some of the UK’s most polluting industries.
The Business Secretary unveiled a total of £36.7m in UK Government investment. £30m will be used to create a network of industrial centres specialising in the research and development of electric transport.
The CSA Catapult Innovation Centre in Newport will use a share of the £30m to become one of four ‘Driving the Electric Revolution’ Industrialisation Centres. The centres will bring together climate change pioneers to research and develop green electric machines including planes, ships and cars.
Each centre will propel UK manufacturing to the forefront of global efforts to tackle climate change and ensure the UK can reach net zero emissions by 2050.
Secretary of State for Business and COP 26 President Alok Sharma said: “The electric revolution is an opportunity for our transport sectors to reduce the dependence on fossil fuels. The UK is leading the way in developing cleaner technologies to help us reach our target of zero emissions by 2050 and these new centres will play an important part in that.”
Secretary of State for Wales Simon Hart said: “The Industrialisation Centre created in Newport will generate productivity across the south Wales region, boosting the economy whilst driving forward Welsh innovation and research.
“The UK Government is committed to meeting its 2050 net-zero emissions pledge. I saw first-hand how the CSA Catapult Innovation Centre will help us reach our ambitious goal and put the country at the forefront of green innovation during my visit to Newport today.”