£29.1 Million Investment in UK Automotive Fast-Start Projects
The Advanced Propulsion Centre UK has allocated over £29.1 million for 18 projects focused on automotive innovation. This funding includes £14.3 million from the UK government’s DRIVE35 programme, aimed at developing products for market within 12 months.
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Eighteen companies will collaborate on projects with a funding pool exceeding £29.1 million, supported by £14.3 million from the Department for Business and Trade's DRIVE35 programme. The initiatives include lightweight electric cars, battery recycling technologies, and sustainable vehicle components.
Key projects encompass the development of EV battery cells from waste materials, advanced suspension systems for electric vehicles, and innovations in hydrogen powertrains. The investment aims to enhance UK manufacturing capabilities and sustainability in the automotive sector. These developments may significantly impact the electric vehicle market, fostering innovation while addressing supply chain resilience and carbon reduction.
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