More than GBP12m is to be invested by the government-backed Technology Strategy Board (TSB) to develop technology that will speed up the reduction of CO2 emissions from road vehicles. The investment will be made in 16 proof-of-concept studies, which will last up to one year, and six longer-running full research-and-development projects. The total value of the research will be in the region of GBP25m, with the remaining funding provided by the UK organisations taking part in the work.
John Laughlin, the TSB's Low Carbon Vehicles programme manager, said: 'We are funding innovative projects in a number of key areas, which include internal-combustion-engine technologies, energy storage and management, lightweight structures and new propulsion technologies. 'The work will help to accelerate the reduction of carbon emissions and deliver mass-market low-carbon road vehicles within five to 15 years. 'In addition to helping to meet UK and EU [European Union] climate-change targets, we anticipate that this research-and-development work will create significant market opportunities for UK-based companies,' he added.
