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28th April 2021 6:00 am 27th April 2021 3:27 pm
Ricardo has received government funding to assess the commercial viability of a facility to assemble battery packs for niche volume manufacturers of electrified vehicles.
Battery manufacturing (Image: Ricardo)
According to Ricardo, these UK electrified vehicle manufacturers include some of the world’s best known prestige brands which create their luxury cars, special vehicles, or off-highway machines for a customer base in the low thousands.
Funded by the Advanced Propulsion Centre’s Automotive Transformation Fund supported by the Department for Business, Energy and Industrial Strategy, the economic study will consider how to meet the particular battery hardware needs of these manufacturers across business sectors by ensuring a UK supply chain in electric vehicle components.
Cornish Lithium A PENRYN company has been awarded over £680,000 to investigate the feasibility of developing a lithium extraction plant that will support the future of green automotive manufacturing and accelerate the UK’s transition to net-zero emission vehicles. The grant comes as part of £9.4 million of funding guided by the Advanced Propulsion Centre (APC) to 22 studies looking to scale up the industrialisation of low-carbon emission vehicle technologies. Lithium Hydroxide is an essential part of vehicle battery production. In this study, Cornish Lithium, based in Penryn, will assess the feasibility of developing a sustainable UK supply chain through the construction of a new lithium extraction plant in Cornwall that will produce low-carbon, battery quality lithium hydroxide from a hard rock source.
Electric/Hybrid - New £9.4 million funding announcement accelerates automotive green industrial revolution - Renewable Energy Magazine, at the heart of clean energy journalism renewableenergymagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renewableenergymagazine.com Daily Mail and Mail on Sunday newspapers.
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Date: 27 May 2021