Subsidies to support green economic recovery in automotive sector

Last updated: 29 February 2024

The automotive sector received a GBP 73.5 million investment for advanced technologies in cutting carbon emissions and safeguarding and estimated 14,000 jobs. The aim of the funding is also to increase the amount of low emission cars, commercial vehicles and components. 

 

Ten projects from across the UK were chosen to develop cutting-edge technology for electric vehicles, including recyclable batteries, advanced electrical systems and ultra-lightweight components:

 

- LEVC – Electric Vehicle Evolution (Coventry): the London Electric Vehicle Company will develop a new EV technology specifically for its vehicles to deliver increased efficiency and higher performance capabilities

 

- Constellium Ltd – ALIVE (Slough): this project will develop the manufacturing processes for light weight, crash-resistant battery enclosures. These will be used in ultra-low emission vehicles

 

- Cummins Turbo Technologies Ltd – TRIDENT (Huddersfield): this project will look to develop and manufacture a game-changing energy recovery platform that will deliver fuel consumption improvements

 

- Ford Technologies Ltd – eSHADOW (Basildon): this project will determine the technical, financial and environmental challenges of using advanced, lightweight materials in vehicle manufacturing

 

- Jaguar Land Rover – Hi-VIBES (Coventry): a consortium of academics and industry will create a new electronic system that will be easier to build, as well as being lighter and cheaper

 

- Avid Technology Limited – REVO (Cramlington, near Newcastle): it will help deliver improvements in electric and hybrid vehicle efficiency

 

- TEVVA – SANGREAL (Chelmsford): this project will bench-test an innovative design of axle for 7.5 to 14-tonne commercial vehicles. It will improve safety through better impact robustness

 

- Magnetic Systems Technology Ltd – Magtec (Sheffield): this project will be focused on utilising the most innovative manufacturing process and assembly methods for traction motors

 

- BMW (Motorsport) Ltd – FutureBEV (Warwick & Newport): this project aims to deliver better powertrains that are more cost-efficient

 

- Jaguar Land Rover – ZEUS (Coventry): JLR is developing a prototype hydrogen fuel cell vehicle with its partners. Hydrogen can play a role as a viable fuel in the future across the automotive industry alongside battery electric vehicles

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