Govt to invest £10m in ultra-low emission vehicles

Date: 25/7/2013

A new £10 million prize has been unveiled by the government as it seeks to encourage the development of the next generation of ultra-low emission vehicles.

Businesses in the UK will be able to apply for the award from late 2013, with a judging panel run by the Office for Low Emission Vehicle and the Technology Strategy Board responsible for the process. 

Chief secretary to the Treasury Danny Alexander said the money is designed to encourage more cutting-edge research in the field of sustainable transport, as the country seeks to become a global leader.

"That is why we have announced a £10 million prize for innovations which will enable the next generation of low emissions vehicles to run as long as and as far as conventionally fuelled cars," he added.

It is the latest in a long line of financial commitments made by the government and follows the £400 million earmarked to help motorists buy ultra-low emission vehicles, while the creation of an Advanced Propulsion Centre was also announced earlier this month.

Posted by Nick Anderson

International Transport News and Sustainable Transport News