More investment for the UK Automotive Industry
The Advanced Propulsion Centre (APC) has awarded a £9.7M grant to Nissan as part of a future generation battery project.
The project, worth £19.5M, will see a Nissan-led consortium of UK academic and technology providers work on a groundbreaking future generation battery project for electric vehicles (EV).
Safeguarding more than 300 highly skilled jobs in manufacturing, maintenance and engineering in Nissan’s advanced lithium-ion battery plant in Sunderland. The project is part of a wider investment programme in the UK – with Nissan investing more than £26.4M.
The Nissan-led future generation battery project is the fifth project to be announced as part of APC 4. The Advanced Propulsion Centre’s fourth round of competition funding. Also receiving funding were consortia led by:
- Morgan Motor Company
- The London Taxi Company
- AGM Batteries Ltd
- Jaguar Land Rover
- Parker Hannifin
A total of £41M has been invested in these low carbon advanced propulsion projects as part of a £93M match funding programme between Government and industry. Combined the 6 projects forecast 1159 jobs will be created or safeguarded and CO2 emissions will be reduced by over five million tonnes.
Ruth Dixon, Programme Manager for projects and competitions at the APC, said,
“All the project submissions are judged on their ability to deliver sustainable environmental and economic benefits.
“The competitions are designed to promote collaboration and support the long term development of the UK Supply Chain”
Last week the APC announced the launch of APC 5. Its fifth round of competition funding. With £35M of grant funding available APC 5 is expected to exceed £70M in total project value.