£54m UK Government funding to develop electric trucks, hydrogen-fuelled buses
On 22 March, Business Secretary Kwasi Kwarteng announced that three projects in Cwmbran, Warwickshire, and Ballymena will receive more than £54 million (€62.6 million) from UK Government and industry and are forecast to secure nearly 10,000 jobs across the UK. They could also save 45 million tonnes of carbon emissions, equivalent to the total amount of emissions produced by 1.8 million cars over their lifetimes.
In Cwmbran, Wales, £31.9 million (€37 million) will help to develop electric propulsion systems for heavy goods vehicles. This technology could be applied in several ways, such as giving lorries greater travel range and better energy efficiency for coaches and construction vehicles.
A total of £11.3 million (€13.1 million) was allocated to develop and manufacture energy-saving technology from motorsport for use in cars and vans from a centre based in Warwickshire.
In Ballymena, Northern Ireland, £11.2 million (€12.9 million) will help to develop and manufacture low-cost hydrogen fuel cell technology for buses and create a ‘hydrogen centre of excellence’ with Wrightbus, a bus manufacturer based in Northern Ireland.
“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,” said Kwarteng.
“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.”