- APC and Innovate UK offer £25 million for late-stage automotive tech projects.
- Focus on zero-emission vehicles, aligning with UK’s strategic goals.
- Grants from £2.5 million to £20 million are available for collaborative, job-centric initiatives.
APC and Innovate UK offer up to £25 million for cutting-edge automotive tech projects
The Advanced Propulsion Centre UK (APC) is offering UK automotive technology businesses the chance to secure up to £25 million. Collaborating with Innovate UK, the initiative focuses on supporting late-stage collaborative research and development (CR&D) in automotive technology and processes.
The primary objective of this funding opportunity is to foster the growth of zero-emission vehicles in the UK. The projects chosen will strengthen supply chain capabilities and enhancing automotive product manufacturing. Aligning with the Automotive Council’s Roadmaps, eligible projects must actively contribute to the nation’s strategic vision for zero-emission transport.
To qualify for funding, projects need to go beyond the development of technology; they must also create or safeguard high-value jobs. The emphasis lies on achieving zero-emission on-vehicle technologies for both on and off-road vehicles, including two-wheelers.
Projects meeting the rigorous criteria can secure grants ranging from £2.5 million to £20 million. This is pending Ministerial and His Majesty’s Treasury approval. Crucially, collaboration is key, as projects must involve a consortium of UK-registered organisations, with at least one SME possessing a clear route to market.
Technological advancements targeted by this initiative encompass energy storage, batteries, fuel cells, electric machines, power electronics, and more. Noteworthy is the increased focus on digitalisation in this funding round. The funding aims to position the UK as a recognised global leader in the digital transformation of the automotive industry.
The competition is now open, with key dates including an applicant Q&A event on January 16, 2024, and an application deadline on March 13, 2024. This presents a significant opportunity for innovators to contribute to the evolution of automotive technology, aligning with the UK’s ambitious sustainability goals.
