News & Resources

APC Drives the Propulsion Nation Forward – Announcing New Funding and a Sixth Spoke

9 Dec 2015

Speaking on 8 December at the Launch of APC 5 Competition, Ian Constance, Chief Executive of the Advanced Propulsion Centre, shared the good news for the Automotive sector from the Chancellor’s Autumn Statement – announcing the Launch of the Round 5 Competition for APC Funding and the new Electric Machine Spoke at the University of Newcastle.

Ian Constance said:

“The opening of APC 5, the latest grant funding competition, will create £70 million investment in collaborative projects. Each programme we invest in has the power to enhance the UK’s position as a Propulsion Nation and ultimately contribute to the UK’s economic prosperity.”

 

Business Secretary, Sajid Javid said:

“The UK’s automotive sector got a big boost in the Autumn Statement, providing an additional £225 million funding for automotive R&D. We already have the most productive auto sector in Europe, and the government is determined to build on this. The projects established by the APC to promote low carbon innovation will ensure world-leading automotive manufacturing – and high-skilled jobs – in the UK for years to come.”

Download the full press release here

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