Nick Hurd, Minister for Climate Change and Industry, announced on 14 September at the Low Carbon Vehicle Show, that the Government would invest a further £42m through the Advanced Propulsion Centre for APC 5.
- 5 new projects awarded grants to develop low carbon propulsion technology in the UK
- £84m in joint Government and Industry funding
- The latest investment in 10-year, £1 billion co-investment programme in advanced propulsion technology
Jon Beasley, Director of Technology and Projects at the APC stated “This latest announcement of £42m grant funding is a vote of confidence to UK automotive industry. It shows despite recent challenges the UK is still very much open for business and that Government is committed to the promotion of low carbon technologies. APC 5 is full of exciting new technologies with the potential to dramatically reduce CO2, developing as well as anchoring capability in the UK and safeguarding jobs and skills.”
Click here to read the full press release.