£54m funds for Next gen electric trucks & hydrogen buses: Innovative projects advancing the next-generation of electric trucks & hydrogen buses obtained a government grant of over £54 million of funding.
The 3 projects sharing funding are in Cwmbran, Ballymena & Warwickshire and anticipated to support around 10,000 jobs all over the UK as well as save 45 million tonnes of carbon emissions, which is equal to the emissions made by 1.8 million cars over their lifetime.
About £31.9 million has been presented for heavy goods vehicles to progress electric propulsion systems in Cwmbran, Wales & £11.3 million to develop & manufacture energy-saving tech in Warwickshire from motorsport for use in cars and vans.
Additionally, £11.2 million has been awarded to expand low cost hydrogen fuel cell technology for buses & build a hydrogen centre for high quality with Wrightbus in Ballymena, Northern Ireland.
Kwasi Kwarteng, Business Secretary stated: “The UK is leading the world by developing cutting edge technology that will help to tackle climate change and lead to a green, competitive future for our automotive supply chain.
“These projects will not only help accelerate the wider application of greener technology in lorries and buses but will also help generate the high-skilled jobs to level up communities across the UK while ensuring we build back greener from the pandemic.”
The funding is being organised by the Advanced Propulsion Centre (APC), supporting the growth of low carbon emission technologies for cars, buses, heavy goods vehicles & vans.
These projects will further assist the UK’s continuing efforts to build a sustainable supply chain by 2026 for manufacturing electric vehicles (EVs).
£54m funds for Next gen electric trucks & hydrogen buses