The British government has recently announced that it will invest at least GBP15 million (EUR17.2 million or $23.4 million at the current exchange rates) to speed up the development of eco-focused vehicles, with the officials eager to see the low-emission vehicles on the road as fast as possible.
The investment will be introduced for “highly-innovative, industry-led collaborative research and development projects that will achieve significant cuts in road transport CO2’.
The government will hold a competition that will be managed by Technology Strategy Board in conjunction with the Office for Low Emission Vehicles, with automotive producers set to start entering their projects from January next year.
In addition to engineering developments that target areas like batteries, lightweight structures and new engines, the investment will also be offered for companies who manage to reduce cost, making their eco projects affordable.
The government will hold a competition that will be managed by Technology Strategy Board in conjunction with the Office for Low Emission Vehicles, with automotive producers set to start entering their projects from January next year.
In addition to engineering developments that target areas like batteries, lightweight structures and new engines, the investment will also be offered for companies who manage to reduce cost, making their eco projects affordable.