Companies from across the country are set to benefit from £33m new government investment through the Advanced Propulsion Centre (APC) to develop the next generation of low-carbon vehicles, helping the automotive sector build a prosperous low-carbon future.
The investment, part of the government’s modern Industrial Strategy, is expected to create up to 2,230 jobs in research and manufacturing across UK.
Projects range from the development of high-performance battery packs and electrified construction equipment, to hydrogen-powered engines – as well as helping support the establishment of future supply chains.
To mark the announcement, Business Minister Andrew Stephenson visited McLaren Group in Woking. The company is one of 32 organisations, working in 5 consortia, benefiting from £9.8m new investment towards its ESCAPE project. This will create a complete end-to-end supply chain for a key component to be used in all electrified vehicles, whether automotive, railway, marine or aviation – a first for the UK.
Business Minister Andrew Stephenson said: “This new investment will enhance the UK’s leading position in the development of the next generation of electric and autonomous vehicles and clean growth. We are committed to building on those strengths to ensure we are a leader in the design and manufacture of automotive vehicles as part of our modern Industrial Strategy.
“These projects will build the capacity and capability of UK companies to manufacture low carbon technology and provide highly skilled, well paid jobs across the country.”