The West of England is set to lead the world in the development of ultra-low emission vehicles.
Investment from the West of England Combined Authority and Local Enterprise Partnership will support the University of Bath in establishing a new Institute for Advanced Automotive Propulsion Systems (IAAPS).
IAAPS will be a global centre of excellence, delivering transformational research and innovation. Located at the Bristol and Bath Science Park, it will lead the development of future generations of ultra-low emission vehicles and attract sector-related businesses to the region, generating economic growth. Construction of the £60m IAAPS facility will start in the summer of 2018, and it is scheduled to open in early 2020.
The Institute will exploit the engineering expertise of the University of Bath for the benefit of the UK’s automotive industry, stimulating over £67m in additional automotive research investment by 2025, creating an additional turnover of £800 million for the UK automotive sector and supporting nearly 1,900 new highly productive jobs.
Global companies, including McLaren, Ford, Jaguar Land Rover, Hofer Powertrain and HORIBA Group, as well as more local businesses such as HiETA Technologies, have been key to the success of the IAAPS concept.
The West of England Combined Authority and Local Enterprise Partnership has committed support for the project with the allocation of £10m through the Local Growth Fund*.
West of England Mayor Tim Bowles said “I’m delighted that through the Joint Committee we’re able to help drive the development of this global centre of excellence in our region.
“IAAPS will also support the development of a much larger and more competitive automotive business cluster in the region, providing access to its state-of-the art facilities to start-ups and small to medium-sized companies. Supporting innovation and business growth is key to our economic success. I want to see our businesses fulfil their potential, and will ensure our policies support businesses to start and grow here in the West of England.”