Research Centre Will Spark Boom in Car Development
COVENTRY is to become a world leader in the development of electric cars with a new PS13million research centre set to open in the city.
The Warwick Manufacturing Group has been chosen to house the new UK Energy Storage R&D Centre for the advancement of electric and hybrid vehicle batteries.
Co-funded by government - which has provided PS9 million funding - and industry, which has contributed PS4 million, the centre at the University of Warwick will open this year.
It has been created to capitalise on the growing electric and hybrid vehicle battery market, which has been estimated to be worth PS250 million for the UK by 2020.
The centre is the latest move by government to try and secure future growth opportunities for the UK's automotive sector, building on its PS400 million commitment over the next four years to support electric cars and other ultra-low carbon vehicles.
Professor Lord Bhattacharyya, chairman of WMG, said: "We are delighted by the creation of the new UK Energy Storage R&D Centre at WMG. This collaborative centre will enable the automotive sector to continue to be a global leader in low carbon vehicle manufacturing. "We will be working closely with industry and other universities on joint research projects that will have real impact for these companies as well as the sector as a whole. …