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The Low Carbon Economy Ltd

11 Sep 2009 01:09:04

Funding for electric car projects

Funding for electric car projects
The Technology Strategy Board has announced new support to ten research programmes looking into electric and hybrid vehicle development.

More than £10 million is being invested into the innovative studies under the UK government-backed Integrated Delivery Programme.

The UK intends to be at the cutting edge of developing carbon efficient electrical systems for transport.

John Laughlin, the Technology Strategy Board's low carbon vehicle programme manager, explained that there will be commercial as well as environmental benefits to the scheme.

He said: "Increasing the market acceptance of low-carbon vehicles will contribute to achieving UK and EU climate change targets, whilst creating significant market opportunities for UK-based companies.

"The work we are funding will focus on developing ultra-efficient electric and hybrid vehicle motive and ancillary systems that will make the best use of this energy."

Axeon, an advanced battery manufacturer, will work on a new lightweight battery for smaller electric cars as part of the investment scheme.



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