Govt support delivers £86m boost to low-emission automotive sector
Written by: Fuel Card Services, Last updated:14th February 2022
The Advanced Propulsion Centre (APC) is a collaborative non-profit set up by the government and industry. The APC has helped to provide in excess of £86 million in investment for the nation’s low-emission automotive sector.
A total of 87 small-to-medium-sized enterprises have so far been supported by the body, helping to cement the UK’s position as a leading light in the development of new technologies to promote low-emission driving and enhanced efficiency.
The work and support offered by the APC is designed to lower the barriers to market for companies with innovative ideas and technologies. One such business to have received great benefit from their work with the APC has been Sunderland-based battery technology firm Hyperdrive.
Indeed, Hyperdrive commercial director Stephen Irish commented: “The APC has been a genuine catalyst for change. We have averaged an 80 per cent staff increase each year since we began.”
He added that the APC project has been “absolutely critical” to supporting this growth, as has the company’s ongoing collaboration with binding partners.
Jenny Smith, general manager for Tele-Gence, commented: “Genuine and ongoing government support for more new businesses to operate in the low-emission automotive sector can only be a good thing, not only for companies themselves, but for the environment, for drivers and the nation as a whole.”
Your business can benefit from affordable telematics with no hidden start-up fees or long-term commitments. Find out how at www.tele-gence.comback