Turbo charged?..........maybe....<br><br><b><font color="#990000">##### Stop press ######</font></b><br><br>Business Secretary Sajid Javid visits Morgan Motor Company which will
develop high-performance, low carbon, hybrid and electric sports car
powertrains.<br><br>Projects valued at £75 million funded by government and industry set to create high-skilled jobs.<br><br>Five
new innovative projects to develop new low carbon and energy efficient
technology in the automotive sector have been awarded £75 million of
joint government and industry funding to boost jobs and growth in the
sector, Business Secretary Sajid Javid announced today (15 January 2016)
on a visit to the Morgan Motor Company.<br><br>The 5 winning projects
are expected to design new products and systems that will change
technology used in the automotive sector from vans to high-end sports
cars. They are:<br><br> The London Taxi Corporation is embarking on a
project to deliver a series of light-weight, zero-emission capable,
range extended vehicles in a £46.5 million project<br> Morgan Motor
Company has been awarded a £6 million grant to develop heavily
down-sized, fuel efficient petrol engines coupled with the latest
electrification technologies to produce hybrid sports cars and
all-electric variants<br> a consortium led by AGM Batteries has been
awarded £5.4 million for a project to develop the next generation of
battery packs for high performance, low carbon vehicles<br> a
consortium led by engineering firm Parker Hannifin has been awarded a
£2.9 million grant to reduce the carbon footprint of electric forklift
vehicles<br> <b><font color="#990000">an innovative research project of £13.1 million led by
Jaguar Land Rover which will build up the automotive turbocharger
supply-chain in the UK</font></b><br><br>The funding has been awarded by the
Advanced Propulsion Centre, a 10-year, £1 billion joint partnership
between government and the automotive industry.<br><br>Business Secretary Sajid Javid said:<br><br> These new projects will cement the UK's position as a leading global centre for low carbon innovation and manufacturing.<br><br>
Our fast-growing and diverse automotive industry has been especially
successful at exporting high-value, high-technology vehicles all over
the world, and our focus on next-generation innovation will ensure we
can continue this progress and create even more high-skilled jobs.<br><br>The
5 projects are expected to create and protect 851 jobs and save over
4.2 million tonnes of CO2. They build on the 10 low carbon projects
already awarded funding by the APC which are forecast to create 4,500
jobs and save 12 million tonnes of CO2.<br><br>APC Director for Technology and Projects, Jon Beasley said:<br><br>
The announcement of the fourth round competition winners
demonstrates the government's on-going commitment to supporting the UK's
low carbon advanced propulsion system innovation ecosystem.
Co-investment in technological developments to be delivered by
industry-led consortia, range from high risk incremental growth
programmes to innovative cutting edge R&D, showing the UK is
committed to establishing itself as a global centre for the promotion
and development of low carbon propulsion systems.<br><br>Between 2015
and 2020, the government has committed to spending more than £600
million to support the uptake and manufacturing of ultra-low emission
vehicles (ULEVs) in the UK. This will ensure all cars and vans on our
roads will be effectively zero-emission by 2050<br>