New funding for R&D that slashes road transport CO2 emissions

New funding for R&D that slashes road transport CO2 emissions

05 Nov 2012

Government funding of up to £16.5 million is to be made available for new research and development that will lead to significant reductions in CO2 emissions and position the UK at the forefront of low carbon vehicle technology.

The announcement was made today (Monday 05 November) by Business Secretary Vince Cable during a visit to the MIRA Technology Park in Nuneaton, Warwickshire.

Grants will be awarded to UK businesses through a new open competition for collaborative research and development funding, opening early next year, which will be managed by the UK’s innovation agency, the Technology Strategy Board in partnership with the Office for Low Emission Vehicles (OLEV) and the Engineering and Physical Sciences Research Council (EPSRC).

The Technology Challenges in Low Carbon Vehicles competition for collaborative R&D funding has been developed in conjunction with the UK Automotive Council and it addresses technology challenges that have been defined by the Council as areas that would benefit from increased investment in research and development.

Business Secretary Vince Cable said:

“Close collaboration between industry and government, through the UK Automotive Council, will help ensure the projects this initiative funds will address important technology challenges and help to strengthen UK capability in low carbon.  It’s an example of our industrial strategy in action.

“Supporting the development of new technologies is vital to ensure this country remains such an attractive location for investment by global vehicle manufacturers and suppliers.”

Transport Minister, Norman Baker MP, said:

“The investment being announced today will strengthen the UK's position at the cutting edge of low carbon vehicle technology, help create new high technology jobs and increase global  opportunities for UK businesses.  Investment like this will deliver long-term benefits for both the  environment and the UK economy.  Helping the environment and boosting the economy go hand  in hand.” 

Iain Gray, Chief Executive of the Technology Strategy Board, said:

“We are delighted to be working on this major initiative with support and financial backing from  the Office for Low Emission Vehicles and the involvement of the UK Automotive Council.  This emphasises the important role the Technology Strategy Board is playing co-ordinating low carbon vehicle innovation in the UK, from initial strategic academic research through to industry-led research, development and demonstration.”  

David Delpy, Chief Executive of the Engineering and Physical Sciences Research Council (EPSRC), said:

“EPSRC is very pleased to be partnering this initiative.  It shows how we can combine the wealth of academic research in the UK with the innovative traits of business to bring real world benefits both economic and environmental. ” 

The Technology Strategy Board, OLEV and the EPSRC are seeking proposals for highly innovative, industry-led projects involving low carbon vehicles that aim to achieve significant cuts in CO2 from road transport.   The aim is to create new low carbon solutions that can position the UK at the global forefront for these specific strategic areas.  Technologies must be centred on the vehicle.  Projects may also take on higher risk technology challenges to support a higher return on investment for the auto industry and aggressively attack future CO2 challenges.

Proposals should demonstrate the potential to build on the UK’s existing capabilities, targeting global competitive advantage and economic benefit for the UK.  Companies from outside the automotive sector, and that can bring technical knowledge and expertise to a consortium, are also encouraged to participate. 

The competition opens on 18 February 2013 and expressions of interest must be submitted by 27 March 2013.  Applications must then be submitted by 3 April 2013.  There will be a networking event to facilitate consortia building on 27 November 2012 at the Motor Heritage Centre, Gaydon.  For further information about the networking event please visit: https://connect.innovateuk.org/web/idp and look under events. 

For further information about the competition please visit: http://www.innovateuk.org/content/competition/technology-challenge-in-low-carbon-vehicles.ashx

Download the full press release, including notes to editors, here.

 

Last updated on Thursday 22 November 2012 at 10:27

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