Home / Software & Service News / UK provides over $124 million to build better electric vehicle batteries

UK provides over $124 million to build better electric vehicle batteries


(Reuters) – Britain awarded millions of pounds on Tuesday to help boost manufacturing of electric vehicle batteries, including a project to build the country’s second purpose-built electric battery plant and another to make the technology more powerful.

Williams Advanced Engineering, the technology arm of Formula 1 team owner Williams Group, received funding from the Advanced Propulsion Centre (APC) and will make batteries for the likes of luxury carmaker Aston Martin.

“The project will further develop and make available battery systems in order to overcome significant supply chain gaps in the UK,” said the APC’s Director of Technology and Projects Jon Beasley.

Carmakers are racing to build greener cars and improve charge times in a bid to meet rising customer demand and fulfill air quality targets but Britain lacks sufficient manufacturing capacity, an area ministers have said they want to build up.

Nissan builds batteries and its electric Leaf model at its north of England plant in Sunderland but others have opted to build their low-emissions models elsewhere, including Britain’s biggest carmaker Jaguar Land Rover.

In a separate project, the motorsports division of Germany’s BMW will partner with the University of Warwick and another firm to design, develop and produce power dense batteries in Britain, the APC said.

BMW’s Mini brand is due to decide this year whether to build its first electric model at its southern English plant in Oxford.

Williams said its project would begin in 2018 but declined to state how much funding it had received or the total value of the investment.

Britain’s business ministry said it had allocated over 100 million pounds ($124 million) in investment in multiple projects including with U.S. carmaker Ford and in the development of lightweight technologies at Jaguar Land Rover.

(Reporting by Costas Pitas; Editing by Mark Potter)

It’s time to learn how AI can transform your business at the 2017 VB Summit, June 5th – 6th in Berkeley. Meet AI ecosystem leaders who are shaping a new digital economy. Request an Invite – Save 50%!


Click Here For Original Source Of The Article

About Ms. A. C. Kennedy

Ms. A. C. Kennedy
My name is Ms A C Kennedy and I am a Health practitioner and Consultant by day and a serial blogger by night. I luv family, life and learning new things. I especially luv learning how to improve my business. I also luv helping and sharing my information with others. Don't forget to ask me anything!

Check Also

The City of Tomorrow: The future of urban transportation is being built today

TwitterFacebook

Innovation happens when people come together. Nowhere is that more obvious than in our bustling cities around the world. And as resident numbers continue to climb, some of the most populated locations across the globe are faced with the opportunity to not only shape the future — but to design it.

According to a 2014 United Nations report, 54 percent of the world's population resides in urban areas; by 2050 that number is expected to rise to 66 percent. That’s a lot of people.

An increase in population can lead to a whole slew of transportation issues — many of which you probably experience regularly. From congestion on the roads and inefficient traffic patterns to unreliable public transportation and rising commute times, city dwellers know how painful it can be when systems start to fail.
Read more...

More about Supported, Transportation, Future, Innovation, and City Life

css.php