The UK Business Secretary announced a GBP 54 million fund to develop the next generation of electric trucks and hydrogen-powered buses, within the framework of 3 projects in Cambran, Warwickshire and Ballymena. The projects are forecast to secure nearly 10,000 jobs across the UK and save 45 million tonnes of carbon emissions.
The fund is divided as the following:
- GBP 31.9 million to develop electric propulsion systems for heavy goods' vehicles in Cwmbran, Wales. This technology could be applied in a range of ways, such as giving trucks greater travel range and better energy efficiency for coaches and construction vehicles;
- GBP 11.3 million to develop and manufacture energy-saving technology from motorsport for use in cars and vans from a center in Warwickshire;
- GBP 11.2 million to develop and manufacture low-cost hydrogen fuel cell technology for buses and create a hydrogen center of excellence with Wrightbus in Ballymena, Northern Ireland.