Friday, February 12th 2010 at 00:00 AM
Midlands Car Industry In Line For 'low Carbon' Funding Boost
The government is investing £19.5m to help establish the Midlands car industry as a world leader in next-generation, low-carbon automotive technology. The money from the Advantage West Midlands regional development agency will fund research into 15 areas, including battery technology, aerodynamics and power electronics.
Private-sector companies, including Jaguar Land Rover, its parent company Tata Motors, and the high-end motoring engineers Zytek and Ricardo, will also put £10m into the programme, which will be carried out in partnership with Warwick and Coventry universities.
The Midlands is the fifth "low- carbon economic area" and the second focussing on the automotive sector. The strategy envisions 1.2 million "green" jobs by 2020, and a low-carbon industrial base capable of supplying both domestic and international needs.
The key is to build up Britain's low-carbon supply chain, according to Lord Mandelson, the Business Secretary.
To read the full article please click here
http://www.independent.co.uk/news/business/news/midlands-car-industry-in-line-for-low-carbon-funding-boost-1897115.html
By Sarah Arnott
