Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Over £2m invested in UK niche vehicle projects to drive zero-emission technology

by
September 17, 2024
in Top News
0
Over £2m invested in UK niche vehicle projects to drive zero-emission technology
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

The Niche Vehicle Network has awarded over £2 million to six pioneering UK niche vehicle technology projects, with more than £1 million coming from government funding through the Department of Business and Trade and the Advanced Propulsion Centre UK (APC).

These funds support the Production Readiness and Proof of Concept Competitions, which aim to advance zero tailpipe emission vehicle technologies within the UK’s niche vehicle sector.

Two projects were funded through the NVN Production Readiness Competition, with Carbon Threesixty and Muon Tech leading the initiatives. Carbon Threesixty’s Hi-DEN Gen2 project, in collaboration with Antich & Sons, ULEMCO, and Riversimple Movement, will develop a conformable hydrogen storage solution to meet the growing demand for Fuel Cell Electric Vehicles, enhancing storage capacity, efficiency, and vehicle range. The project will culminate in a functional full-scale hydrogen storage system integrated into a vehicle demonstrator.

Muon Tech, partnering with Rock Engineering Limited and Househam Sprayers Limited, will bring to market the VXM-35, an integrated electric drive and vehicle control unit designed for tight packaging volumes with high functional safety and reliability. This plug-and-play solution is tailored for traction applications in light vehicles and electric power take-off in industrial and agricultural vehicles, including the world’s first electric crop-sprayer.

The NVN Proof of Concept Competition funded four additional projects. Bo Mobility, in partnership with Neave Research, is developing the Boped, an omni-category lightweight e-motorcycle aimed at revolutionising niche production of optimised vehicles for specific use-cases in the new era of e-mobility. FR8 Technology, along with FPW Axles and Volta Commercial Vehicles, will create a 16-tonne low-floor delivery vehicle with direct access to the footpath, utilising a patent-protected drive system that significantly reduces loading height.

Quattro Plant, collaborating with Evparts UK and Inetic, is working on an up-cycled off-highway vehicle converted to a battery electric powertrain, matching the performance and duty cycle of its internal combustion counterparts while achieving zero emissions. The final project, led by Raeon and partnered with Eclipse Performance Vehicles, will demonstrate a high-performance battery prototype with integrated thermal management in a high-performance L5e vehicle platform.

Scott Thompson, Programme Director for the Niche Vehicle Network, praised the diverse range of projects and their contribution to the UK automotive sector’s transition to net zero. He emphasised the importance of these projects in advancing technology and manufacturing readiness levels, expanding the UK low-volume EV supply chain, and creating opportunities for wider adoption in higher volume markets.

Josh Denne, Head of SME Programmes at APC, highlighted the significance of the Niche Vehicle Network Production Readiness Competition in helping UK SMEs take existing low-carbon vehicle technologies from demonstration to production readiness, yielding economic benefits and reducing CO2 emissions. Denne stressed that the journey to net-zero must encompass the entire automotive sector, with innovative niche vehicle technologies playing a crucial role in achieving the UK’s climate goals.

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
Deliveroo CEO Will Shu sells £15m worth of shares after company’s first profit

Deliveroo CEO Will Shu sells £15m worth of shares after company’s first profit

Recommended

Monde Nissin donates scholarship, research grant to UP Los Baños

Monde Nissin donates scholarship, research grant to UP Los Baños

September 22, 2024
Ted Baker to close all UK stores as potential Mike Ashley deal falters

Ted Baker to close all UK stores as potential Mike Ashley deal falters

August 19, 2024
How to Achieve Viral Success on TikTok: A Comprehensive Guide

How to Achieve Viral Success on TikTok: A Comprehensive Guide

October 7, 2024
Barrick Gold and Mali Reach Settlement, Ending Two Year Mining Dispute

Barrick Gold and Mali Reach Settlement, Ending Two Year Mining Dispute

February 21, 2025
5 key skills SMEs should master during peak season

5 key skills SMEs should master during peak season

September 23, 2024
Finalists for Shed of the Year Awards Announced by UK Men’s Shed

Finalists for Shed of the Year Awards Announced by UK Men’s Shed

October 29, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Central bankers grow nervous about AI funding

    Central bankers grow nervous about AI funding

    June 30, 2026
    Honeywell Aerospace makes strong debut after spinoff

    Honeywell Aerospace makes strong debut after spinoff

    June 30, 2026
    Hotel prices have actually fallen in these major cities

    Hotel prices have actually fallen in these major cities

    June 30, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved