Research into carbon cutting technology receives £11m boost
Wed 15 October 2014
View all news
The Government has committed £11 million to accelerate research and development of plug-in cars and other ultra low emission vehicles (ULEVs). The Government says the funding will support the growth of this important sector and cement the UK’s position as a world leader in the development of the technology behind low carbon vehicles.
The first round of funding will be spent on speeding up the research with the competition being run by Innovate UK, which has contributed £4m towards a total £15m fund. It is seeking proposals relating to one or more of the following: electric machines and power electronics, energy storage and energy management, lightweight vehicle and powertrain structures and internal combustion engines and energy efficiency.
Transport Minister Baroness Kramer said: "This new £11m for research and development shows our support to UK companies leading the way to cleaner and greener transport technologies.They are investing in more efficient transport, and that is the best way to drive our economy forward.
"By 2040 we expect virtually all new cars and vans to be using carbon-cutting technology and we want to see as much of this as possible designed and built here, in the UK, delivering economic as well as environmental benefits."
Earlier this year, Deputy Prime Minister Nick Clegg revealed that £500m will be used to support the take-up of ultra-low emission vehicles (ULEVs) in a bid to drive economic growth, including £100m towards industry-led research.
Related Links
< Back to news list