Government drives investment in UK Auto sector with over £109 million of funding.
Business Secretary Greg Clark and Transport Minister John Hayes have today awarded over £109.7 million of government funding, alongside significant funding from industry, to help develop the next generation of driverless and low-carbon vehicles, as part of the Industrial Strategy and the Government’s Plan for Britain.
Successful schemes include the development of a high power battery suitable for high-performance vehicles; a project to address gaps in and strengthen the UK supply chain; the development of the, fuelling system for a concept gas tractor; and technologies to reduce the weight and improve electrification in SUV vehicle platforms.
“I am absolutely committed to improving air quality and reducing pollution in towns and cities, which is essential for people’s health and the environment”, Hayes said.
CyNation is a lead partner for one of twenty-four projects that demonstrated clear commercial value, and will receive a share of up to £31 million.
The Government also announced the first set of winners of the second round of its connected autonomous vehicles competition, CAV2, with twenty-four projects set to receive a share of up to £31 million. The CAV2 competition includes funding from the UK’s innovation agency, Innovate UK, for four one-year research and development projects supporting CAV vehicle developments. CyNation is a lead partner for one of the projects that will focus on quantum-based secure communication for CAVs.
Innovate UK Chief Executive Ruth McKernan said: “These successful industry-led R&D projects will further spearhead UK development of low emission, and connected and autonomous vehicle technology, building on our world-leading research and innovation capability in this area and the significant strength of UK businesses large and small in this field.”
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Centre for Connected and Autonomous Vehicles (CCAV)
The Centre for Connected and Autonomous Vehicles (CCAV) is a joint unit of the Department for Business, Energy and Industrial Strategy and the Department for Transport. CCAV is a single point of contact for those in industry, academia and internationally set up to keep the UK at the forefront of the development of connected and autonomous vehicle technology. For further information and to stay updated on the latest news and government activity on connected and autonomous vehicles visit www.gov.uk and follow @ccavgovuk.
Innovate UK is the UK’s innovation agency. It works with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy For further information visit www.innovateuk.gov.uk follow @innovateuk