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OurWorld…passionate about business01-Dec-08
Welcome to UK Trade & Investment today

Clean vehicles receive funding jumpstart

£23 million of government funding will be invested in 16 projects planned to bring cleaner vehicles to the UK's roads.

The investment, which will be delivered through the Low Carbon Vehicles Innovation Platform, will support the UK’s research and development projects and stimulate the introduction of clean vehicles to the market.

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These investments will provide a great opportunity for British companies to mobilise innovation

Ian Pearson

Science and Innovation Minister

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Projects receiving the funding range from larger manufacturers to small enterprises and will include technologies involved with fuel cells, energy storage, aerodynamics and internal combustion engine developments.

Ian Pearson, Science and Innovation Minister, commented: "These investments will provide a great opportunity for British companies to mobilise innovation to respond to global climate change challenges and to meet demanding new CO2 standards for new vehicles.

Automotive opportunities in the UK

Read more about the UK’s Automotive sector

The Low Carbon Vehicles Innovation Platform was announced in September 2007 and aims to reduce the carbon emissions of the UK's roads over the next 25 years.

Covering all forms of road transport, including cars, heavy goods vehicles and buses, the platform also seeks to make the UK automotive sector a market leader in low carbon transportation, through developing technology faster than expected.



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